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.
NRS 672.680
Special reserves
(Added to NRS by 1975, 388; A 1983, 1835; 1987, 2019)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.