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Statute 662 225 — 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 662 225
Nevada Legal Code

Statute 662 225

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In order to prevent accumulation of unnecessary amounts of currency in the vaults of the banks chartered by this state, all checks drawn on such banks shall be payable, unless specified on the face thereof to the contrary by the maker or makers of the checks at the option of the drawee bank, in exchange drawn on the reserve deposits of such drawee bank when any such check is presented by or through any federal reserve bank, post office or express company, or any respective agents thereof. (Added to NRS by 1971, 988)