Nevada Revised Statutes
Chapter 672 - Credit Unions
NRS 672.767 - Definitions.

As used in NRS 672.767 to 672.779, inclusive, unless the context otherwise requires, the words and terms defined in NRS 672.769 to 672.777, inclusive, have the meanings ascribed to them in those sections.
(Added to NRS by 2007, 1494)—(Substituted in revision for NRS 678.767)

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Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 672 - Credit Unions

NRS 672.010 - Definitions.

NRS 672.020 - "Account" defined.

NRS 672.030 - "Beneficiary" defined.

NRS 672.040 - "Board" defined.

NRS 672.050 - "Chair" defined.

NRS 672.061 - "Commissioner" defined.

NRS 672.070 - "Credit union" defined.

NRS 672.080 - "Demand" defined.

NRS 672.090 - "Department" defined.

NRS 672.100 - "Deposits" defined.

NRS 672.110 - "Director" defined.

NRS 672.120 - "Dividend" defined.

NRS 672.125 - "Fixed assets" defined.

NRS 672.130 - "Immediate family" defined.

NRS 672.140 - "Loan officer" defined.

NRS 672.145 - "Member" defined.

NRS 672.150 - "Merger" defined.

NRS 672.160 - "Multiple-party account" defined.

NRS 672.170 - "Net contribution" defined.

NRS 672.180 - "Party" defined.

NRS 672.190 - "Payment" defined.

NRS 672.210 - "Proof of death" defined.

NRS 672.220 - "Sums on deposit" defined.

NRS 672.230 - "Trust account" defined.

NRS 672.240 - "Withdrawal" defined.

NRS 672.250 - Administration of chapter; regulations of Commissioner.

NRS 672.260 - Duties of Commissioner; regulations.

NRS 672.270 - Powers of Commissioner concerning regulations and legal actions.

NRS 672.275 - Certain relationships between employee of Division of Financial Institutions and licensee prohibited; termination of prohibited relationship.

NRS 672.282 - Application for license: Additional requirements; fingerprints; grounds for refusal to issue license.

NRS 672.284 - Suspension or revocation of license: Additional grounds.

NRS 672.286 - Use or change of business name; prohibitions.

NRS 672.288 - Authorization of Commissioner to investigate business; free access required; compelling attendance of witnesses.

NRS 672.290 - Credit Union Advisory Council.

NRS 672.295 - Applicability of provisions concerning Regulatory Experimentation Program for Product Innovation.

NRS 672.300 - Requirement of incorporation; exceptions; applicability of NRS 81.410 to 81.540, inclusive; perpetual existence.

NRS 672.310 - Procedure for incorporation; fees set by regulation.

NRS 672.320 - Amendment of articles of incorporation; bylaws.

NRS 672.330 - Offices; principal place of business.

NRS 672.340 - Fiscal year.

NRS 672.342 - Certificate of authority required.

NRS 672.343 - Application for certificate of authority: Filing; form; contents; withdrawal of application.

NRS 672.3435 - Fee for initial investigation; annual fees; costs for additional investigations; regulations.

NRS 672.344 - Requirements for issuance of certificate.

NRS 672.345 - Applicable law; filing of annual report.

NRS 672.3455 - Application for certificate of authority to open branch offices.

NRS 672.346 - Examination of records; revocation of certificate.

NRS 672.347 - Applicability of provisions of chapter 80 of NRS.

NRS 672.350 - Board of directors: Number, election and terms of members; procedure for filling vacancy.

NRS 672.360 - Board of directors: Responsibilities; meetings; executive committee.

NRS 672.370 - Board of directors: Duties.

NRS 672.380 - Board of directors: Powers.

NRS 672.390 - Appointment of audit committee: Duties; powers; suspension of member; employment of certified public accountant.

NRS 672.400 - Credit committee; loan officer.

NRS 672.410 - Removal of director, officer or employee on objection of Commissioner.

NRS 672.420 - Officers: Election; designation; bonds; terms; duties.

NRS 672.430 - List of directors, officers and committee members.

NRS 672.440 - Fiduciary relationship of directors and officers.

NRS 672.450 - Compensation and expenses of directors, officers and members.

NRS 672.460 - General powers; waiver or modification of law by Commissioner.

NRS 672.470 - Receiving and paying out deposits; borrowing, selling and purchasing assets.

NRS 672.480 - Fees and assessments.

NRS 672.490 - Membership in other credit union or organization; performance of certain services.

NRS 672.500 - Donations and contributions.

NRS 672.510 - Eligibility for membership.

NRS 672.520 - Eligibility of minor; limitations.

NRS 672.530 - Subscription to and transfer of shares; lien for sums due; reduction in shares.

NRS 672.540 - Real and personal property subject to taxation.

NRS 672.550 - Meetings of members.

NRS 672.560 - Savings deposits; special clubs and accounts.

NRS 672.570 - Multiple-party accounts: Authorization; disbursement of money; limitations.

NRS 672.630 - Payment of trust accounts.

NRS 672.650 - Right to setoff against multiple-party accounts.

NRS 672.670 - Regular reserves.

NRS 672.680 - Special reserves.

NRS 672.690 - Assets qualified for reserves.

NRS 672.700 - Dividends.

NRS 672.710 - Loans to members: Application; approval; limitations; participation loans; payment.

NRS 672.720 - Loans to members: Extension of previous maximum credit; review.

NRS 672.730 - Loans to and guaranties by directors and members of committees.

NRS 672.740 - Security for loans.

NRS 672.750 - Insurance of members and accounts.

NRS 672.755 - Approval of private insurer and contract of insurance; regulations; reserve.

NRS 672.760 - Authorized investments.

NRS 672.765 - Limitation on investment in fixed assets.

NRS 672.767 - Definitions.

NRS 672.769 - "Designated reporter" defined.

NRS 672.771 - "Exploitation" defined.

NRS 672.773 - "Older person" defined.

NRS 672.775 - "Reasonable cause to believe" defined.

NRS 672.777 - "Vulnerable person" defined.

NRS 672.778 - Training; reporting to designated reporter.

NRS 672.779 - Designated reporter: Designation; duty to report; immunity.

NRS 672.780 - Annual financial report.

NRS 672.790 - Examinations and audits; exceptions; fees.

NRS 672.795 - Independent audit and examination: Payment of assessment; cooperation.

NRS 672.800 - Merger; fees set by regulation; regulations.

NRS 672.810 - Conversions; fee set by regulation.

NRS 672.820 - Voluntary dissolution.

NRS 672.830 - Involuntary dissolution: Suspension of operations; corrective actions; declaration of insolvency; liquidation.

NRS 672.835 - Involuntary dissolution: Appointment of liquidating agent for credit union closed by bankruptcy or insolvency.

NRS 672.840 - Procedure for liquidation.

NRS 672.850 - Organization and operation; rights and powers.

NRS 672.860 - Membership.

NRS 672.870 - Voting representatives.

NRS 672.875 - Regular reserves.

NRS 672.880 - Use of words "credit union" or conducting business as credit union by person not organized as credit union; spreading false report concerning management or finances of credit union.

NRS 672.890 - Administrative fines.