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Statute 662 046 — Nevada Law | CourtGPT
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  4. Chapter 662 - Powers and Miscellaneous Provisionsnrs 662.015 - General Powers of Banks; Power of Commissioner to Waive or Modify Requirements of Law/
  5. Statute 662 046
Nevada Legal Code

Statute 662 046

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1. As used in this section 'dealing in investment securities' does not include the purchasing and selling of securities without recourse solely upon order and for the account of customers. 2. Banks shall not engage in the business of dealing in any investment securities, either directly or through subsidiary corporations, except as otherwise provided in chapters 657 to 671, inclusive, of NRS for investment in public securities or private securities. 3. Any provision contained in the articles of incorporation issued to any banking corporation before July 1, 1971, which is in conflict with this section is revoked. (Added to NRS by 1971, 981; A 1995, 485)