Nevada Revised Statutes 666.355 – Authority of Commissioner to authorize or require acquisition of failing depository institution or failing holding company which controls depository institution
Current as of: 2023 | Check for updates
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If the Commissioner considers it necessary to protect depositors, creditors and other customers of a failing depository institution or a failing holding company which controls a depository institution, the Commissioner may solicit offers from and authorize or require the acquisition of the institution or company by or its merger with another institution or company.