666.005 - “Holding company” defined. - Nevada Statutes

666.005  “Holding company” defined.  “Holding company” means a company:

      1.  Which directly or indirectly owns or controls 25 percent or more of the voting stock of a depository institution;

      2.  Which controls the election of a majority of the directors of a depository institution; or

      3.  For the benefit of whose stockholders 25 percent or more of the voting stock of a depository institution is held by one or more trustees.

      (Added to NRS by 1995, 1553)