Chapter677 Thrift Companies  


GENERAL PROVISIONS
NAC 677.010. Definitions.
NAC 677.020. “Acquiescence” defined.
NAC 677.030. “Borrowings” defined.
NAC 677.040. “Capital and surplus” defined.
NAC 677.050. “Capital and surplus not available for dividends” defined.
NAC 677.060. “Capital stock” defined.
NAC 677.070. “Capital surplus” defined.
NAC 677.074. “Commissioner” defined.
NAC 677.076. “Deposit” defined.
NAC 677.080. “Impaired capital” defined.
NAC 677.085. “Licensee” defined.
NAC 677.090. “Paid-in capital” defined.
NAC 677.100. “Paid-up capital and surplus” defined.
NAC 677.110. “Paid-up and unimpaired capital and unimpaired surplus” defined.
LICENSING
NAC 677.121. Prerequisites to engaging in business.
NAC 677.125. Notice of intent to license.
NAC 677.131. Fees: Application for authority to engage in business; issuance of license.
NAC 677.135. Fees: Renewal of license; reinstatement of expired license.
REQUIRED ACQUIESCENCE AND APPROVAL OF COMMISSIONER
NAC 677.150. Approval required to pledge assets.
NAC 677.160. Articles of incorporation and amendments.
NAC 677.170. Bylaws and amendments.
NAC 677.180. Voting trusts, pooling agreements and proxy agreements.
CAPITAL STRUCTURE
NAC 677.190. Requirements for acquiescence.
NAC 677.200. Capital accounts required.
NAC 677.220. Capital sources and requirements.
NAC 677.230. Capital surplus accounts.
NAC 677.240. Capital surplus account: Dividends and transfers.
NAC 677.250. Dividends.
NAC 677.260. Remedies if capital impaired, excess certificates issued or limitation of borrowing exceeded.
NAC 677.270. Limitations on lending.
SHARES
NAC 677.275. Consideration for sale.
NAC 677.280. Expenses and commissions of sale.
NAC 677.290. Sales or transfer.
AUDITS, EXAMINATIONS AND APPRAISALS
NAC 677.310. Fee for supervision and examination: Collection; determination of amount; failure to pay; additional costs.
NAC 677.315. Assessment for costs related to audits and examinations.
NAC 677.320. Appraisers.
NAC 677.330. Market value of security.
NAC 677.340. Adequate appraisal; reappraisal.
REPORTS
NAC 677.370. Monthly financial reports.
NAC 677.380. Semiannual financial reports.
NAC 677.390. Annual financial reports.
NAC 677.400. Waiver; confidentiality of reports; method for ascertaining amount of hypothecated certificates.
RECEIVABLES
NAC 677.410. Chargeoffs.
NAC 677.420. Chargeoffs of real property.
NAC 677.430. Review and chargeoffs.
LOANS
NAC 677.450. Disclosure of fees and charges.
CONTRACT FOR INSURANCE OF DEPOSITS ISSUED BY PRIVATE INSURER
NAC 677.500. Requirements of licensee for approval of contract; withdrawal of approval; hearing.
NAC 677.510. Requirements of private insurer for approval of contract.
NAC 677.520. Considerations in determination of acceptability of private insurer to issue contract; additional reserve.
NAC 677.530. Disclosure required before licensee accepts deposit.
NAC 677.540. Examination by Commissioner of Insurance.
NAC 677.550. Notification of change; approval or disapproval by Commissioner; hearing.
REMEDIAL ACTIONS
NAC 677.610. Complaints: Failure to respond in timely manner; confidentiality.
NAC 677.620. Suspension or revocation of license.