1. The Credit Union Advisory Council, consisting of five members appointed by the Governor, is hereby created to consult with, advise and make recommendations to the Commissioner in all matters pertaining to credit unions.
2. The Governor shall appoint members who have tested credit union experience from a list of recommended names submitted by the Nevada Credit Union League.
3. After the initial terms, members serve terms of 4 years, except when appointed to fill unexpired terms.
4. The Chair of the Advisory Council must be elected annually by and from the members thereof.
5. The meetings of the Advisory Council may be held at such times and places as the Chair or Commissioner determines and may be held regularly at least once every 6 months.
6. Council members are entitled to receive a salary of $60 for each day’s attendance at a meeting of the Council.
(Added to NRS by 1975, 378; A 1977, 1263; 1981, 71, 1996; 1983, 1449, 1831; 1985, 447; 1987, 2013) — (Substituted in revision for NRS 678.290)
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