186.11 Investments.
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/wi/chapter-186/186-11-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
186.11 Investments.
(1)General. The board of directors may invest credit union funds in any of the following:
(a)United States government direct and agency obligations.
(b)Municipal bonds.
(c)A corporate central credit union organized under s. 186.32 or under any other state or federal law.
(d)Deposits and debt instruments of federally insured banks, credit unions, savings banks and savings and loan associations.
(e)With the approval of the office of credit unions, other investment instruments.
(2)Credit union property.
(a)Subject to pars.
(b)and
(c), a credit union may purchase, hold, and dispose of property as necessary for or incidental to its operations.