step 1. Discounts banking companies, but county financial institutions and you may believe enterprises arranged pursuant so you can chapters 657 so you can 671, inclusive, Stewartville loans away from NRS, subscribed brokers, brief debt collectors, thrift enterprises and you may borrowing unions, whose dominant and you may primary organization is to help you borrow, loan and purchase currency, shall be incorporated in arrangements of the part. Regarding mission all provisions off chapter 78 out of NRS (Personal Providers) which aren’t incompatible with this specific chapter try hereby implemented because parts of that it section, as well as the fresh liberties, privileges and you may vitality and all of the newest duties and you may obligations of these residential firms and of the newest officers and you can stockholders thereof will be since considering for the section 78 out-of NRS except because the or even offered within this part.
The new Secretary off Condition shall perhaps not point people certification in order to a great coupons bank or providers authorizing it accomplish team through to the stuff away from association, arrangement or incorporation is actually authorized by the Commissioner
2. A person, corporation, commitment, relationship or firm but a savings lender integrated significantly less than it section, an affiliate away from an economy bank or an entity if you don’t legally doing business inside County pursuant to this part, should not conduct otherwise embark on the organization regarding soliciting or advertising these products otherwise properties out-of an economy bank. (more…)
