Nev. Rev. Stat. § 672.680 – Special reserves | Midpage

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Nevada Revised Statutes

§ 672.680

Nev. Rev. Stat. § 672.680

Special reserves

Effective Oct 1, 1987(Added to NRS by 1975, 388; A 1983, 1835; 1987, 2019)

In addition to regular reserve, special reserves to protect the interest of members must be established when:

1. Required by regulations issued by the Commissioner; or
2. Directed by the board of the credit union.

(Added to NRS by 1975, 388; A 1983, 1835; 1987, 2019)