Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE56 OTHER FINANCIAL INSTITUTIONS |
CHAPTER678. Credit Unions |
RESERVES; DIVIDENDS |
NRS678.680. Special reserves.
Latest version.
- In addition to regular reserve, special reserves to protect the interest of members must be established when:
1. Required by regulations issued by the Commissioner; or
2. Directed by the board of the credit union.
(Added to NRS by 1975, 388; A 1983, 1835; 1987, 2019)