662.305 - Emergency closure: Effect of closing. - Nevada Statutes

662.305  Emergency closure: Effect of closing.

      1.  Any day on which a bank, or any one or more of its offices, is closed during all or any part of its normal banking hours pursuant to the authorization granted under NRS 662.265 to 662.305, inclusive, shall be, with respect to such bank or, if not all of its offices are closed, then with respect to any office or offices which are closed, a legal holiday for all purposes with respect to any banking business of any character. No liability or loss of rights of any kind on the part of any bank, or director, officer or employee thereof, shall accrue or result by virtue of any such closing.

      2.  NRS 662.265 to 662.305, inclusive, are in addition to, and not in substitution for or limitation of, any other law of this state or of the United States, authorizing the closing of a bank or excusing the delay of a bank in the performance of its duties and obligations because of emergencies or conditions beyond the bank’s control, or otherwise.

      (Added to NRS by 1971, 990)