Nevada Revised Statutes 658.025 – Commissioner prohibited from having interest in bank or regulated corporation
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The Commissioner must not, either directly or indirectly, be interested in any bank or corporation to which chapters 657 to 671, inclusive, of NRS are applicable, except as a depositor, nor engage in business as a personal loan broker.
Terms Used In Nevada Revised Statutes 658.025
- 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.