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Exhibit 14.1 COMMUNITY BANCORPANDCOMMUNITY BANK OF NEVADA CODE OF CONDUCT This Code applies to all officers, employees and directors (collectively Covered
Persons) of Community Bancorp and its banking subsidiary (collectively the Company). Each
Covered Person shall annually review and sign a Corporate Code of Conduct Statement confirming
their understanding of this Code and their agreement to abide by it. The Company has adopted this Code of Conduct which shall be attached as an exhibit to the
Companys annual report on Form 10-K. This Code of Conduct is required by the United States securities laws and the rules and
regulations of the Securities and Exchange Commission (the Commission) as well as the listing
standards of NASDAQ as being necessary to deter wrongdoing and to promote:  a)
    honest and ethical conduct, including the ethical handling of actual or
apparent conflicts of interest between personal and professional relationships,b)
    full, fair, accurate, timely, and understandable disclosure in reports
and documents that a company files with, or submits to, the Commission and in
other public communications made by the company,c)
    compliance with applicable governmental laws, rules and regulations,d)
    the prompt internal reporting of code violations to an appropriate
person or persons identified in the code; ande)
    accountability for adherence to the code.  1.
    Each Covered Person must avoid any transaction or arrangement that would
create a conflict of interest or the appearance of a conflict of interest
between personal and professional relationships.  A conflict of interest may be generally defined as a conflict between the Covered
Persons private interests and his or her responsibilities to the Company or an entity
with which the Company maintains a relationship. A conflict of interest can also
arise when an immediate family member is involved in a transaction or arrangement that
in any way casts doubt upon the Covered Persons independence. An immediate family
member includes a Covered Persons spouse, parents, children, siblings, mothers and
fathers-in-law, sons and daughters-in-law, brothers-in-law, and anyone (other than
employees) who shares the Covered Persons home.  2.
    Covered Persons may only accept items of nominal value as gifts from the
Company or any individual or entity that is involved or seeks to become involved
in a business relationship with the Company.  Gifts to Covered Persons must be inexpensive, unsolicited and not given with the
objective of influencing the Covered Persons judgment. It is acceptable for a
Covered Person to accept modest meals or other inexpensive forms of entertainment from
individuals or entities that are involved or seek to become involved in a business
relationship with the Company as long as these items are not provided in order to
influence the Covered Persons business judgment or decision. Under no circumstances
is a Covered Person permitted to accept payments, loans, kickbacks, bribes, special
privileges or services from anyone. If there are any questions or borderline cases,
Covered Persons should discuss them with the Companys Chairman of the Audit
Committee.




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3.
    All Covered Persons are responsible for maintaining accurate financial
records for the Company. Covered Persons must closely adhere to the following accounting guidelines:  a)
    All assets, liabilities and transactions of the Company should be
accurately recorded in accordance with the Companys record keeping procedures
and generally accepted accounting principles;b)
    No false or misleading entries are permitted to be knowingly made or
caused to be made in the Companys record books, even if such entries would not
be material to the Company or its operations as a whole; andc)
    Any entries that are inaccurate, false or irregular should be promptly
reported to a member of the Audit Committee for an immediate corrective action.  4.
    Covered Persons must recognize that confidential information is an asset
of the Company, and must refrain from using inside information to their personal
advantage.  Covered Persons must maintain the confidentiality of information entrusted to them by
the Company or its customers or suppliers, except when disclosure is authorized or
legally mandated. Confidential information includes all non-public information that
might be of use to competitors, or harmful to the Company or its customers or
suppliers, if disclosed.At its core, the prohibition against insider trading focuses on the buying, selling or
trading in securities using non-public information. The prohibition applies to
securities of the Company as well as to customers and suppliers of the Company, or any
entity with which the Company has a business relationship.Covered Persons are in a unique position to acquire non-public information about the
Company, and such information might influence their decision to buy, sell or trade
securities. In addition to refraining from using inside information in making their
own investment decisions, Covered Persons should also avoid discussing the inside
information with friends or immediate family members (whether at home or in the
public) or mailing or faxing the inside information to outside sources unless
appropriate confidentiality agreements are in place to ensure that material,
non-public information is not used improperly.  5.
    The conduct of Covered Persons should be governed by the highest
standards of integrity and fairness.  Covered Persons should avoid those situations in which outside personal interests
conflict with the Companys business. These situations include:  a)
    Ownership by a Covered Person, or a member of his or her immediate
family, of a material financial interest in any outside enterprise that is
involved or seeks to become involved in a business relationship with the
Company;b)
    Ownership by a Covered Person, or a member of his or her immediate
family, of a material financial interest in any outside enterprise that competes
for business with the Company;c)
    Outside employment of a Covered Person, or a member of his or her
immediate family, whether as a consultant, director, officer, employee or
independent contractor, with an entity that is involved or seeks to become
involved in a business relationship with the Company;d)
    Conflicts of interest arise or may be inferred if a Covered Person was
employed by the registered public accounting firm hired by the Company to
perform any audit service for the Company and the Covered Person participated in
the audit during the preceding year. Covered Persons must immediately disclose
any such situations to the Companys audit committee and Companys Chairman of
the Audit Committee.




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e)
    Appointment of a Covered Person, or a member of his or her immediate
family, to a public office, board or commission that may create an appearance of
a conflict of interest between the goals and purposes of that organization and
the Companys business. Such appointment would include a public service
organization or a not-for-profit organization.  6.
    Covered Persons must not take for themselves opportunities that they
discover while working for the Company, or use corporate property or information
for personal gain.  Covered Persons must not:  a)
    take personal advantage of a situation or knowledge acquired
through the use of his or her position or the Companys property, if the
situation or knowledge could be used for the Companys benefit,b)
    use his or her position or Company property or information for
personal gain, orc)
    compete with the Company. Covered Persons owe a duty to the
Company to advance its interests whenever the opportunity arises.  7.
    In drafting periodic reports that are to be filed with the Securities
and Exchange Commission, Covered Persons should take all steps necessary to
ensure full, fair, accurate, timely and complete disclosure.  a)
    Go Beyond the Minimum Disclosure Required by Law. While in the
past periodic reporting has focused on disclosing only those items that
were mandated by the law, Covered Persons should go beyond the minimum
requirements to convey the full financial picture of the Company to the
public. Areas of special attention include: off-balance sheet structures,
insider and affiliated party transactions, board relationships,
accounting policies, and auditor relationships.b)
    Make Sure All Relationships that Could Give Rise to Any Perceived
Conflicts are Fully Disclosed. Given the recent focus of lawmakers on a
more complete disclosure of any material conflict of interest to the
public, it is important to ensure that any transaction that threatens to
create the appearance of a conflict of interest must be fully disclosed
in the Companys periodic reports.c)
    Use the MD&A Section to Paint a Complete Picture of the Companys
Financial Condition. A well-written MD&A analysis should be used in order
to explain fully all of the key factors, risks and assumptions that
support the Companys business model. While the analysis is far from
being an exact science, the MD&A analysis should be used to appraise
fully and accurately the investors of the Companys financial condition.d)
    Use More Plain English. Even though the plain English rules
presently do not apply to periodic reports on Forms 10-K and 10-Q, the
basic requirements, such as the use of active voice and avoidance of
unnecessarily legalistic language, should nonetheless be utilized in
discussions of the Companys financial condition. Over the years,
accounting rules have grown increasingly complex, and simple economic
facts are often obscured with the use of complicated legal or technical
terminology. Covered Persons should strive to present their analysis of
the Companys financial condition in such a way that average investors
could reasonably be expected to understand the importance of the
information contained in the periodic reports.e)
    Seek Guidance from the Audit Committee. With an increased
emphasis on a better conformity with accounting standards, Covered
Persons should maintain a constant working relationship with the Audit
Committee to ensure that accounting standards are being applied uniformly
and that the Companys disclosure is supported by sound judgment and
analysis.f)
    Provide Management with Ample Time to Review and Comment on
Disclosure Documents. In an effort to meet periodic reporting deadlines,
the Companys management is often not provided with an adequate
opportunity to review each disclosure document and to assess its
completeness and accuracy.




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Covered Persons should focus on completing the financial disclosure in
periodic reports well ahead of the timing deadlines to allow more time for
review by management and auditors.  8.
    Covered Persons must comply with all laws and regulations that apply to
the Companys business and maintain professional decorum and protocol in all
business relations.  All Covered Persons should understand those laws that apply to them in the performance
of their duties and ensure that their decisions and actions are conducted in
conformity with those laws. Any violation of the applicable laws can subject the
Company or the implicated Covered Person to liability. Any inquiries relating to
compliance with applicable laws and regulations should be directed to the Companys
Chairman of the Audit Committee.  9.
    Every Covered Person is expected to know the laws and regulations
applicable to his or her conduct, and comply with this Code of Conduct.
Compliance with this Code of Conduct is critical element of the Companys
corporate governance.  Any violation of the law and this Code of Conduct and the other Policies of the
Company can negatively reflect upon the Company, subject the Company to liability, and
result in the personal liability of the affected Covered Person. The examples of and
degrees of violations of this Code of Conduct are too numerous to describe.
Therefore, the remedial actions and possible penalties for a Covered Persons
infringement of this Code of Conduct will be resolved based on the specific facts of
each case. Covered Persons should be aware; however, that termination of their
employment could occur if these principles are violated in any way.Furthermore, the Company may not refrain from disclosing evidence of a violation to
the appropriate authorities, and may pursue criminal or civil penalties against
Covered Persons found to be in violation of this Code of Conduct.Any change in the Companys Code of Conduct or any waiver of this Code of Conduct for
executive officers and directors must be approved by the Companys board of directors
and immediately reported on a Form 8-K.As noted above, the Company is required to monitor and audit the effectiveness of this
Code. It is responsibility and duty of Covered Persons to bring violations or
perceived violation to the attention of the Companys Chairman of the Audit Committee.
With respect to the Companys accounting, internal controls and auditing matters, any
complaints or actual or potential violations of the Companys accounting, internal
controls and auditing matters, must be reported directly to the Companys audit
committee and board of directors.The Companys Corporate Governance/Nominating Committee shall review and approve or
disapprove all related party transactions (as defined in Regulation SK) and potential
conflicts of interest under this Code of Conduct on an on-going-basis. Waivers of the
Code will be granted only when necessary and warranted so as to protect the Company to
the greatest extent possible.If you have any questions regarding this Code, please feel free to contact the
Chairman of the Audit Committee. All reported complaints of questionable behavior by
Covered Persons concerning this Code shall be kept in strict confidence and shall not
be disclosed except if the Company is required by law without the express consent of
the Covered Person.