Nev. Rev. Stat. § 672.440

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 672.440 - Fiduciary relationship of directors and officers

Directors and officers of an association shall be deemed to stand in a fiduciary relation to the credit union and shall discharge the duties of their respective positions in good faith and with the diligence, care and skill which ordinary, prudent persons would exercise under similar circumstances in similar positions.

NRS 672.440

Added to NRS by 1975, 383; A 1997, 1623
Added to NRS by 1975, 383; A 1997, 1623