Permissible depositories.

Nev. Rev. Stat. § 677.600
in effect
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A licensee shall not deposit any of its money with any other moneyed corporation, unless that corporation has been designated as a depository by a majority vote of the directors or the executive committee, exclusive of any director who is an officer, director or trustee of the depository so designated. Such a depository must be a federally insured financial institution, a financial institution insured by a private insurer approved pursuant to NRS 672.755 or any Federal Reserve Bank.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-677.htmlFetched: 10/4/2026

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