§826. Offices and satellite facilities
75 words·~1 min read·
/me/title-9-b-financial-institutions/chapter-82-powers/826·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A credit union may establish, relocate, close and operate a branch or satellite facility in accordance with chapter 33 , except that the limitation of section 337, subsection 2 does not apply. The limits of section 863 apply to credit union investment in real estate for office facilities. The establishment, relocation or closing of a branch or facility must meet the needs and convenience of the credit union's members. [PL 2003, c. 322, §17 (RPR).]