Fees and assessments.

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A credit union may:

1. Require, at the discretion of the directors, the payment of an entrance fee or annual membership fee of any person admitted to membership;

2. Collect, receive and disburse moneys and charge a fee for services rendered in connection with the sale of negotiable checks, money orders and other money-type instruments and for such other purposes as may provide benefit or convenience to its members; and

3. Assess charges to members in accordance with the bylaws for failure to promptly meet their obligations to the credit union.

(Added to NRS by 1975, 387) — (Substituted in revision for NRS 678.480)


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