§ 673.225 Certain savings banks possess same powers and privileges as federal savings banks and foreign savings banks; federal law prevails in event of conflict with state law
§ 673.226 Savings banks possess same powers, privileges and authorities as state banks and national banks; exceptions and limitations; savings banks subject to restrictions, limitations and requirements applicable to state and national banks
§ 673.2265 Membership in Federal Reserve System: Authorization; powers, duties and examination of member
§ 673.227 Land and office buildings of savings bank; limitation on costs
§ 673.228 Powers, privileges and authorities of savings bank to engage in trust company business; requirements and conditions
§ 673.229 Savings bank or trust company that assumes role of custodian for individual retirement account to provide notice to holder of account

Terms Used In Nevada Revised Statutes > Chapter 673 > Powers and Privileges of State Savings Banks

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • 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.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fiduciary: A trustee, executor, or administrator.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
  • Trustee: A person or institution holding and administering property in trust.