Nev. Rev. Stat. § 363A.50 — “Financial institution” defined

1.  Except as otherwise provided in
subsection 2, “financial institution” means:
(a) An institution licensed, registered or
otherwise authorized to do business in this State pursuant to the provisions of
title 55 of NRS or chapter 604A or 645B of NRS, or a similar institution chartered
or licensed pursuant to federal law;
(b) A person licensed or registered or required
to be licensed or registered pursuant to NRS
90.310 , 90.330 , 90.453 , 686A.340
or 688C.190 ;
(c) A person holding or required to hold a
solicitation permit or license pursuant to NRS
692B.040 , 692B.190 or 692B.260 ;
(d) A person designated or registered or required
to be designated or registered pursuant to the Commodity Exchange Act, the
Securities Exchange Act of 1934, the Public Utility Holding Company Act of
1935, the Investment Company Act of 1940 or the Investment Advisers Act of
1940, as amended;
(e) A person licensed pursuant to 7 U.S.C. §
2009cc-3 to operate as a rural business investment company;
(f) A person registered or required to be registered
as a savings and loan holding company pursuant to 12 U.S.C. § 1467a;
(g) A person registered or required to be
registered as a bank holding company pursuant to 12 U.S.C. § 1844;
(h) An investment bank holding company supervised
pursuant to 15 U.S.C. § 78q;
(i) A person electing to be treated as a business
development company pursuant to 15 U.S.C. § 80a-53;
(j) A person licensed pursuant to 15 U.S.C. § 681
to operate as a small business investment company;
(k) A person granted final approval pursuant to
15 U.S.C. § 689c to operate as a new markets venture capital company;
(l) A person qualifying as and electing to be
considered a real estate investment trust pursuant to 26 U.S.C. § 856;
(m) A bank, as defined in 12 U.S.C. § 1813(a);
(n) A savings association, as defined in 12
U.S.C. § 1813(b);
(o) A savings bank, as defined in 12 U.S.C. §
1813(g);
(p) A thrift institution, as defined in 12 U.S.C.
§ 1841(i);
(q) A national banking association organized
under the National Bank Act;
(r) An entity that is related to any of the
entities described in paragraphs (a), (b), (d) to (k), inclusive, and (m) to
(q), inclusive, regardless of whether the entity described in any of those
paragraphs is doing business in this State; and
(s) An issuer or a service provider,
Ê who is
conducting a business activity in this State.
2.  The term does not include:
(a) A credit union organized under the provisions
of chapter 672 of NRS or the Federal Credit
Union Act;
(b) A federal land credit association, farm
credit bank, agricultural credit association or similar institution organized
under the provisions of the Farm Credit Act;
(c) A person who sells, solicits or negotiates
insurance and whose business primarily consists of the sale, solicitation or
negotiation of insurance; and
(d) Any person or other entity that this State is
prohibited from taxing under the Constitution, laws or treaties of the United
States or the Nevada Constitution.
3.  For the purposes of this section:
(a) “Credit card” has the meaning ascribed to it
in NRS 97A.050 .
(b) “Entity” includes, without limitation, any
corporation, limited-liability company, association, organization, company,
firm, partnership, joint venture, trust, business trust, receiver, trustee,
syndicate, cooperative or assignee, or any other group or combination acting as
a unit.
(c) “Issuer” has the meaning ascribed to it in NRS 97A.100 , except that the term does
not include a seller of goods or provider of services who issues a credit card
for the purpose of providing or extending credit only in connection with the
goods he or she sells or the services he or she provides.
(d) A business “primarily consists of the sale,
solicitation or negotiation of insurance” if more than 50 percent of the annual
income of the business from commissions is derived from the sale, solicitation
or negotiation of insurance.
(e) Entities are “related” if at least 50 percent
of the interest, either by vote or value, in each entity is owned, either
directly or indirectly, by the same entity, including either of those entities.
(f) “Service provider” has the meaning ascribed
to it in NRS 97A.130 , except that the
term does not include a service provider who acts in that capacity solely on
behalf of a seller of goods or provider of services who issues a credit card
for the purpose of providing or extending credit only in connection with the
goods he or she sells or the services he or she provides.