Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE56 OTHER FINANCIAL INSTITUTIONS |
CHAPTER678. Credit Unions |
LOANS; INVESTMENTS |
NRS678.765. Limitation on investment in fixed assets.
Latest version.
- A credit union must not invest in fixed assets without the prior approval of the Commissioner if the aggregate value of the credit union’s existing fixed assets exceeds 7 percent of its total assets.
(Added to NRS by 1985, 783; A 1987, 2021)