Credit Unions (Replaced in Revision by Chapter 672 of NRS)

  1. Law
  2. Nevada Revised Statutes
  3. Credit Unions (Replaced in Revision by Chapter 672 of NRS)

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Section
678.010

Definitions.

Section
678.020

"Account" defined.

Section
678.030

"Beneficiary" defined.

Section
678.040

"Board" defined.

Section
678.050

"Chair" defined.

Section
678.061

"Commissioner" defined.

Section
678.070

"Credit union" defined.

Section
678.080

"Demand" defined.

Section
678.090

"Department" defined.

Section
678.100

"Deposits" defined.

Section
678.110

"Director" defined.

Section
678.120

"Dividend" defined.

Section
678.125

"Fixed assets" defined.

Section
678.130

"Immediate family" defined.

Section
678.140

"Loan officer" defined.

Section
678.145

"Member" defined.

Section
678.150

"Merger" defined.

Section
678.160

"Multiple-party account" defined.

Section
678.170

"Net contribution" defined.

Section
678.180

"Party" defined.

Section
678.190

"Payment" defined.

Section
678.210

"Proof of death" defined.

Section
678.220

"Sums on deposit" defined.

Section
678.230

"Trust account" defined.

Section
678.240

"Withdrawal" defined.

Section
678.250

Administration of chapter; regulations of Commissioner.

Section
678.260

Duties of Commissioner; regulations.

Section
678.270

Powers of Commissioner concerning regulations and legal actions.

Section
678.275

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

Section
678.282

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

Section
678.284

Suspension or revocation of license: Additional grounds.

Section
678.286

Use or change of business name; prohibitions.

Section
678.288

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

Section
678.290

Credit Union Advisory Council.

Section
678.300

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

Section
678.310

Procedure for incorporation; fees set by regulation.

Section
678.320

Amendment of articles of incorporation; bylaws.

Section
678.330

Offices; principal place of business.

Section
678.340

Fiscal year.

Section
678.342

Certificate of authority required.

Section
678.343

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

Section
678.344

Requirements for issuance of certificate.

Section
678.345

Applicable law; filing of annual report.

Section
678.346

Examination of records; revocation of certificate.

Section
678.347

Applicability of provisions of chapter 80 of NRS.

Section
678.350

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

Section
678.360

Board of directors: Responsibilities; meetings; executive committee.

Section
678.370

Board of directors: Duties.

Section
678.380

Board of directors: Powers.

Section
678.390

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

Section
678.400

Credit committee; loan officer.

Section
678.410

Removal of director, officer or employee on objection of Commissioner.

Section
678.420

Officers: Election; designation; bonds; terms; duties.

Section
678.430

List of directors, officers and committee members.

Section
678.440

Fiduciary relationship of directors and officers.

Section
678.450

Compensation and expenses of directors, officers and members.

Section
678.460

General powers; waiver or modification of law by Commissioner.

Section
678.470

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

Section
678.480

Fees and assessments.

Section
678.490

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

Section
678.500

Donations and contributions.

Section
678.510

Eligibility for membership.

Section
678.520

Eligibility of minor; limitations.

Section
678.530

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

Section
678.540

Real and personal property subject to taxation.

Section
678.550

Meetings of members.

Section
678.560

Savings deposits; special clubs and accounts.

Section
678.570

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

Section
678.630

Payment of trust accounts.

Section
678.650

Right to setoff against multiple-party accounts.

Section
678.670

Regular reserves.

Section
678.680

Special reserves.

Section
678.690

Assets qualified for reserves.

Section
678.700

Dividends.

Section
678.710

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

Section
678.720

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

Section
678.730

Loans to and guaranties by directors and members of committees.

Section
678.740

Security for loans.

Section
678.750

Insurance of members and accounts.

Section
678.755

Approval of private insurer and contract of insurance; regulations; reserve.

Section
678.760

Authorized investments.

Section
678.765

Limitation on investment in fixed assets.

Section
678.767

Definitions.

Section
678.769

"Designated reporter" defined.

Section
678.771

"Exploitation" defined.

Section
678.773

"Older person" defined.

Section
678.775

"Reasonable cause to believe" defined.

Section
678.777

"Vulnerable person" defined.

Section
678.778

Training; reporting to designated reporter.

Section
678.779

Designated reporter: Designation; duty to report; immunity.

Section
678.780

Annual financial report.

Section
678.790

Examinations and audits; exceptions; fees.

Section
678.795

Independent audit and examination: Payment of assessment; cooperation.

Section
678.800

Merger; fees set by regulation; regulations.

Section
678.810

Conversions; fee set by regulation.

Section
678.820

Voluntary dissolution.

Section
678.830

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

Section
678.835

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

Section
678.840

Procedure for liquidation.

Section
678.850

Organization and operation; rights and powers.

Section
678.860

Membership.

Section
678.870

Voting representatives.

Section
678.875

Regular reserves.

Section
678.880

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.

Section
678.890

Administrative fines.

Section
678.3435

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

Section
678.3455

Application for certificate of authority to open branch offices.