21-1787. Purpose and conditions of loans.
50 words·~1 min read·
/ne/chapter-21/21-1787A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to the restrictions contained in the Credit Union Act, a credit union may make loans to its members for provident or productive purposes upon such terms and conditions and upon such security, real or personal, or on an unsecured basis as prescribed in its bylaws or written lending policy.