1. Savings banking companies, but state banking companies and you may faith enterprises arranged pursuant so you’re able to chapters 657 in order to 671, inclusive, off NRS, licensed brokers, brief loan companies, thrift enterprises and you can borrowing unions, whoever principal and top organization is so you can obtain, mortgage and you can dedicate money, shall be integrated beneath the arrangements from the chapter. For this purpose all of the terms off chapter 78 away from NRS (Individual Corporations) that aren’t in conflict using this type of section are hereby then followed as the elements of that it part, as well as the fresh new legal rights, rights and you may energies and all the fresh new commitments and you will debt of such domestic organizations and of the fresh officials and stockholders thereof are as the provided in chapter 78 from NRS but due to the fact if you don’t considering inside chapter.
The fresh Secretary from State should maybe not procedure any certification to a coupons financial or business authorizing it to complete company before articles out of relationship, agreement or incorporation is approved by the Commissioner
2. A man, company, connection, connection or agency but a savings financial provided below so it chapter, a joint venture partner of a cost savings lender otherwise an entity if you don’t lawfully conducting business within County pursuant to that particular part, shall not conduct otherwise carry on the organization off obtaining or adverts the products or qualities from a cost savings bank.Continue reading