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Code · North Carolina · Chapter 54 — Cooperative Organizations

§ 54-110.6. Participation in central system.

69 words·~1 min read·/nc/chapter-54/54-110-6

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§ 54-110.6. Participation in central system.
The corporate credit union may enter into agreements for the purpose of participation in any state or federal central liquidity facility or central financial system for credit unions, and for the purpose of aiding credit unions in establishing concentrated lines of credit with other financial institutions and act as a depositor and transmitter of funds to carry out such agreements. (1983, c. 470.)
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