666.003 - “Control” defined. - Nevada Statutes

666.003  “Control” defined.  “Control” means the power, directly or indirectly, to:

      1.  Direct or exercise a controlling influence over the management or policies of a depository institution or the election of a majority of the directors or trustees of an institution; or

      2.  Vote:

      (a) Twenty percent or more of any class of voting securities of a depository institution if exercised by a natural person; or

      (b) More than 10 percent of any class of voting securities of a depository institution if exercised by a person other than a natural person.

      (Added to NRS by 1985, 2149; A 1997, 996)