Can you summarize NVRS 664?
This legal document, part of the Nevada Revised Statutes, governs the authority of the Division of Financial Institutions to authorize banks in Nevada or organized under chapters 657 to 671 of NRS to restrict withdrawals from all accounts for a limited period. Banks can apply in writing to the Division, providing reasons for the restriction, and if approved, the Division will issue an authorization specifying the percentage of deposits that can be withdrawn and the duration of the restriction.
Can you summarize NVRS 664.025?
Any time that a certified check is required in
any legal document or transaction, the effectiveness of which document or
transaction is governed by the laws of this state, a bank may issue a cashiers
check which shall be accepted in lieu of a certified check and which shall have
the same force and effect as a certified check. (Added to NRS by 1971,
993)
Can you summarize NVRS 665?
The provided legal document content pertains to the examinations and reports required for banks and related organizations under chapters 657 to 671 of the Nevada Revised Statutes. The Commissioner is responsible for providing necessary forms for examinations and reports, and all reports received must be preserved in the Commissioner’s office. The Commissioner is required to conduct thorough examinations of banks at least once within each 18-month period, and may accept reports of examinations made by federal regulatory agencies.
Can you summarize NVRS 667?
This legal document, governed by the Nevada Revised Statutes, pertains to the voluntary liquidation and sale of assets of a bank. It outlines the procedures and requirements for a bank to go into voluntary liquidation, including obtaining approval from the Commissioner and publishing a notice of closure. The document also states that during voluntary liquidation, the bank is subject to examination by the Commissioner and must provide reports as requested. Additionally, it allows a bank in the process of voluntary liquidation to sell and transfer its assets to another state or national bank, subject to approval by the Commissioner and the bank’s board of directors or managers.
Can you summarize NVRS 668?
The legal document, part of the Nevada Revised Statutes, prohibits certain practices and imposes penalties related to insolvent banks and unfair preferences to creditors. It applies to presidents, directors, managers, cashiers, officers, and employees of any bank. These individuals are prohibited from knowingly preparing, signing, approving, or concurring in any account, statement, return, report, or document containing false or deceptive statements or failing to set forth the true financial condition of the bank.
Can you summarize NVRS 672?
The legal document governs the organization, operation, and regulation of credit unions in the state of Nevada. It requires credit unions to provide training on identifying and reporting suspected exploitation of older or vulnerable persons to employees who have direct contact with such individuals or review/approve their financial documents or transactions. The document also governs the designation, duty to report, and immunity related to the exploitation of older persons or vulnerable persons in credit unions.
Can you summarize NVRS 97A?
The legal document covers various aspects related to credit cards and their use. It defines key terms such as ‘authorized user,’ ‘beneficial use,’ ‘cardholder,’ ‘credit card,’ ‘credit card account,’ ‘false or fraudulent application,’ ‘financial institution,’ ‘interest,’ ‘issuer,’ ‘joint account,’ ‘secondary cardholder,’ and ‘service provider.’ The document outlines the requirements for the issuance of credit cards, including the need for written notice and the provision of terms and conditions. It also allows issuers to unilaterally change terms and conditions, with certain requirements for notice and an opportunity to avoid the change.
Can you summarize IDST 18-1505?
This legal document, part of the Idaho Statutes on Crimes and Punishments, specifically addresses the abuse, exploitation, and neglect of vulnerable adults. It applies to any person who engages in such behavior towards a vulnerable adult. The document defines ‘abuse’ as the intentional or negligent infliction of physical pain, injury, or mental injury, with intentional abuse being punished more severely. ‘Neglect’ is defined as the failure of a caretaker to provide essential necessities, such as food, clothing, shelter, or medical care, that jeopardizes the life, health, or safety of the vulnerable adult.
Can you summarize IDST 18-3106?
This section of the Idaho Statutes, under the Crimes and Punishments category, deals with false pretenses, cheats, and misrepresentations related to drawing checks without funds or with insufficient funds. It applies to individuals acting on their own behalf or as agents, representatives, or officers of corporations. The section outlines the penalties for such actions, including imprisonment and fines. It establishes that the act of making, drawing, uttering, or delivering a check without funds or with insufficient funds is considered prima facie evidence of intent to defraud and knowledge of the lack of funds.
Can you summarize IDST 18-3125A?
It is unlawful for any person to knowingly and with intent to defraud, employ, solicit or otherwise cause an authorized credit card merchant, or for the authorized credit card merchant itself, to present to the issuer for payment any credit card sales draft pertaining to any sale or purported sale of goods or services which was not made by such authorized credit card merchant in the ordinary course of business, except with the express authorization of the issuer.