17-2215a. Power of corporate credit unions to borrow increased by amount of certain investments.
48 words·~1 min read·
/ks/chapter-17/17-2215aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-2215a. Power of corporate credit unions to borrow increased by amount of certain investments. For a corporate credit union, the power to borrow shall be increased by the amount of investments of such credit union in government securities, and, further, the administrator may authorize borrowing in excess thereof.