Nev. Admin. Code § 678.100

Current through October 11, 2024

Section 678.100 - Investments

The stocks and bonds which the Commissioner approves as investments for credit unions pursuant to subsection 8 of NRS 672.760 are the stocks and bonds which are accorded one of the top two ratings by a statistical rating organization that is nationally recognized by the Securities and Exchange Commission. Investment by a credit union in securities which are provisionally rated is prohibited.

Nev. Admin. Code § 678.100

Comm'r of Credit Unions, §P, eff. 2-6-81-NAC A by Admstr. of Financial Institutions, eff. 6-29-84; A by Comm'r of Financial Institutions by R002-00, 3-13-2000; A by R098-23A, eff. 6/6/2024

NRS 672.250 and 672.760