658.195 - Right to sue and defend in actions involving banks; liability to suit. - Nevada Statutes

658.195  Right to sue and defend in actions involving banks; liability to suit.

      1.  The Commissioner may sue and prosecute or defend in any action or proceeding in any court of this State or any other state and in any court of the United States for the enforcement or protection of any right or pursuit of any remedy necessary or proper in connection with the subjects committed to the Commissioner for administration or in connection with any bank or the rights, liabilities, property or assets thereof, under the Commissioner’s supervision.

      2.  The Commissioner is not liable to be sued except as other departments and agencies of the State may be liable under the general law.

      (Added to NRS by 1971, 969; A 1983, 1726; 1987, 1901)