Nevada Administrative Code
Chapter 678 - Credit Unions
Section 678.010 - Formation
Current through December 12, 2024
1. Any person desiring to form a credit union pursuant to chapter 672 of NRS must:
2. The Commissioner will investigate and determine whether the proposed Organization Certificate conforms to the requirements of chapter 672 of NRS concerning the general character and fitness of the subscribers thereto, and determine the economic feasibility of establishing the proposed credit union.
3. If the Commissioner is satisfied that the qualifications have been met, he or she will issue a charter to the proposed credit union.
Comm'r of Credit Unions, §A subsecs. 1-3, eff. 8-12-76; A 12-14-78-NAC A by Admstr. of Financial Institutions, eff. 6-29-84; A by Comm'r of Financial Institutions by R002-00, 3-13-2000; R110-06, 6-28-2006; A by R098-23A, eff. 6/6/2024
NRS 672.250, 672.270 and 672.310