NRS 678.765
Limitation on investment in fixed assets.

A credit union must not invest in fixed assets without the prior approval of the Commissioner if the aggregate value of the credit union’s existing fixed assets exceeds 7 percent of its total assets.

EXPLOITATION OF OLDER PERSONS OR VULNERABLE PERSONS

Source: Section 678.765 — Limitation on investment in fixed assets., https://www.leg.state.nv.us/NRS/NRS-678.html#NRS678Sec765.

678.710
Loans to members: Application 678.720
Loans to members: Extension of previous maximum credit 678.730
Loans to and guaranties by directors and members of committees. 678.740
Security for loans. 678.750
Insurance of members and accounts. 678.755
Approval of private insurer and contract of insurance 678.760
Authorized investments. 678.765
Limitation on investment in fixed assets.

Last Updated

Jun. 24, 2021

§ 678.765’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_678.765

Original Source: Section 678.765 — Limitation on investment in fixed assets., https://www.leg.state.nv.us/NRS/NRS-678.html#NRS678Sec765 (last accessed Jun. 24, 2021).

NRS 678.765 Limitation on investment in fixed assets.

NRS 678.765
Limitation on investment in fixed assets.