NRS 678.490
Membership in other credit union or organization

  • performance of certain services.
A credit union may:

1.

Hold membership in other credit unions organized under this chapter, in the Nevada Credit Union League and in other organizations composed of credit unions;

2.

Perform such tasks and missions as may be requested by the Federal Government, the State of Nevada or any agency or political subdivision thereof, including, without limitation, a city, county or school district, when approved by the board of directors and not inconsistent with the provisions of this chapter;

3.

Act as fiscal agent for and receive deposits from the Federal Government, the State of Nevada or an agency or political subdivision thereof, including, without limitation, a city, county or school district; and

4.

Perform trust services for its members, including the trust estates of deceased members, and act as a custodian of qualified pension funds of self-employed individuals under the provisions of 26 U.S.C. §§ 861 et seq.

Source: Section 678.490 — Membership in other credit union or organization; performance of certain services., https://www.­leg.­state.­nv.­us/NRS/NRS-678.­html#NRS678Sec490.

Last Updated

Feb. 3, 2020

§ 678.490’s source at nv​.us