NRS 657.185 License to establish new depository institution: Commissioner prohibited from requiring identification of physical address of main office in application for license; authority of Commissioner to require identification of general location of main office in application and provision of physical address before commencement of business.
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NRS 657.185 License to establish new depository institution: Commissioner prohibited from requiring identification of physical address of main office in application for license; authority of Commissioner to require identification of general location of main office in application and provision of physical address before commencement of business.
1. The Commissioner shall not require an applicant for a license to establish a new depository institution to identify in the application for the license the physical address where the main office of the proposed depository institution will be located.
2. The Commissioner may require an applicant for a license to establish a new depository institution to:
(a)Identify in the application for the license the location, described in general terms, where the main office of the proposed depository institution will be located; and
(b)Provide to the Commissioner the physical address of the main office of the proposed depository institution before the depository institution commences business.