Nevada Revised Statutes 659.105 – Restriction on transaction of business
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No banking corporation or company may transact any business except such as is incidental and necessarily preliminary to its organization until it has been authorized to do so by the Commissioner.
Terms Used In Nevada Revised Statutes 659.105
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.