No credit union organized under the laws of another state may commence or transact any business or maintain an office in this state without first obtaining a certificate of authority from the Commissioner. (Added to NRS by 1983, 2014; A 1983, 1645; 1987, 2015)—(Substituted in revision for NRS 678.342)
Each application for an initial certificate of authority submitted by a foreign credit union must be filed with the Commissioner on a form prescribed by him or her and must include: 1. A copy of the instrument or authority by which the credit union was created and a copy of its bylaws. 2. A statement […]
1. The Commissioner shall charge and collect a fee of not more than $1,000 for an initial investigation from each foreign credit union which applies for certification. The fee is not refundable. An annual fee of not more than $1,000 must be paid by each foreign credit union for its initial office and not more […]
The Commissioner shall issue a certificate of authority to a foreign credit union if he or she is satisfied that: 1. The members of the credit union to be served in this State are adequately protected by any form of security which is comparable to that required of credit unions organized under the provisions of […]
A foreign credit union which has been issued a certificate of authority shall: 1. Serve its members in this state in accordance with its bylaws and the laws of the state in which it was organized, except where those laws conflict with the provisions of this chapter. 2. File with the Commissioner a copy of […]
A foreign credit union which has been issued a certificate of authority may apply to the Commissioner for a certificate of authority to open one or more branch offices in this state. Such an application must be made on a form prescribed by the Commissioner. (Added to NRS by 1987, 177)—(Substituted in revision for NRS […]
The Commissioner may: 1. Examine the records of any foreign credit union which holds a certificate of authority issued by the Commissioner at any time he or she deems necessary. 2. Revoke a certificate of authority issued to a credit union if he or she finds that the credit union has violated any provision of […]
The provisions of chapter 80 of NRS which are not in conflict with the provisions of this chapter apply to any foreign credit union which holds a certificate of authority to transact business or maintain an office in this State. (Added to NRS by 1983, 2015)—(Substituted in revision for NRS 678.347)
