Nevada Revised Statutes Section 678.520 - Financial Institutions

Eligibility of minor; limitations.

1. Shares may be issued to and deposits received from a minor and such minor may withdraw the shares and deposits, including the dividends and interest thereon. For purposes of making deposits, share investments and withdrawals a minor shall be deemed of legal age.

2. A minor under 16 years of age is not entitled to vote in the meeting of the members either personally or through his parent or guardian. A person may not become a director until he has reached the age of majority.

Last modified: February 26, 2006