General powers; waiver or modification of law by Commissioner.
Nev. Rev. Stat. § 672.460
in effectEvery credit union organized under the provisions of this chapter:
1. Has all the powers granted by NRS 81.500 that are not inconsistent with the provisions of this chapter and in addition thereto, the powers enumerated in NRS 672.470 to 672.500 , inclusive; and
2. May exercise any authority and perform all acts that a federal credit union may exercise or perform, with the consent and written approval of the Commissioner. The Commissioner may, by regulation, waive or modify a requirement of Nevada law if the corresponding requirement for federal credit unions has been or is eliminated or modified.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-672.htmlFetched: 10/4/2026