Section 2: Powers
50 words·~1 min read·
/ma/part-i/title-xxii/chapter-170/2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2. A co-operative bank shall have all the powers expressly granted by law and whatever further incidental powers may fairly be implied from those expressly conferred and such as are reasonably necessary to enable it to exercise fully those powers according to common or accepted banking customs and usages.