396.815 - “Commercial bank” defined. - Nevada Statutes

396.815  “Commercial bank” defined.  “Commercial bank” means:

      1.  A state or national bank or trust company that is a member of the Federal Deposit Insurance Corporation, including, without limitation, a branch of the Federal Reserve Bank.

      2.  A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant to NRS 678.755.

      (Added to NRS by 1967, 3; A 1999, 1491)