356.340 - “Third-party depository” defined.

356.340  “Third-party depository” defined.  “Third-party depository” means a trust company or trust department of a state, national or federal reserve district bank which is authorized to hold acceptable securities on behalf of a depository for the benefit of a collateral pool pursuant to regulations adopted by the State Treasurer under NRS 356.390.

      (Added to NRS by 2003, 20th Special Session, 285; A 2007, 919)