Nevada Code § 673.055

Savings associations automatically converted into savings banks; issuance by Commissioner of savings bank charters to converted entities; rights, powers, privileges, immunities and exceptions provided to converted entities

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1. Every savings association chartered
under the laws of this State in existence on June 3, 2017, is automatically
converted, by operation of law, into a savings bank licensed under the laws of
this State. The Commissioner shall issue a savings bank charter to each such entity
immediately after June 3, 2017.
2. Every savings bank that is converted
from a savings association pursuant to subsection 1 shall have all of the
rights, powers, privileges, immunities and exceptions provided by this chapter
to a savings bank.

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