Nevada Revised Statutes 672.070 – ‘Credit union’ defined
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‘Credit union’ means a cooperative, nonprofit corporation, organized for the purposes of promoting thrift among its members and creating a source of credit for such members at a fair and reasonable rate of interest.
Terms Used In Nevada Revised Statutes 672.070
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.