Revises provisions relating to credit unions in Nevada, including membership, investments, and operations.

The bill revises provisions relating to credit unions in Nevada. It allows low-income credit unions to issue shares to nonmembers under certain conditions. It reduces the required par value of shares from $5 to $1 or a multiple thereof. It authorizes the Commissioner of Financial Institutions to temporarily suspend certain regulations under specific circumstances. It revises requirements for the board of directors, including meeting frequency and filling vacancies.

Revises provisions relating to credit unions in Nevada, including membership, investments, and operations.

The bill revises provisions relating to credit unions in Nevada. It allows low-income credit unions to issue shares to nonmembers under certain conditions. It reduces the required par value of shares from $5 to $1 or a multiple thereof. It authorizes the Commissioner of Financial Institutions to temporarily suspend certain regulations under specific circumstances. It revises requirements for the board of directors, including meeting frequency and filling vacancies.