A credit union may:

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Terms Used In Nevada Revised Statutes 672.480

  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039

1.  Require, at the discretion of the directors, the payment of an entrance fee or annual membership fee of any person admitted to membership;

2.  Collect, receive and disburse moneys and charge a fee for services rendered in connection with the sale of negotiable checks, money orders and other money-type instruments and for such other purposes as may provide benefit or convenience to its members; and

3.  Assess charges to members in accordance with the bylaws for failure to promptly meet their obligations to the credit union.