Nev. Rev. Stat. § 672.410

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 672.410 - Removal of director, officer or employee on objection of Commissioner

If the Commissioner notifies the board in writing that he or she has information that any director, officer or employee of a credit union is failing in the performance of his or her duties, the board shall meet and consider such matter forthwith. The Commissioner must have notice of the time and place of the meeting. If the board of directors finds the Commissioner's objection to be well founded, such director, officer or employee shall be removed immediately.

NRS 672.410

Added to NRS by 1975, 382; A 1983, 1834; 1987, 2017
Added to NRS by 1975, 382; A 1983, 1834; 1987, 2017