2019 Nevada Revised Statutes
Chapter 672 - Credit Unions
NRS 672.440 - Fiduciary relationship of directors and officers.

Universal Citation: NV Rev Stat § 672.440 (2019)

Directors and officers of an association shall be deemed to stand in a fiduciary relation to the credit union and shall discharge the duties of their respective positions in good faith and with the diligence, care and skill which ordinary, prudent persons would exercise under similar circumstances in similar positions.

(Added to NRS by 1975, 383; A 1997, 1623) — (Substituted in revision for NRS 678.440)

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