Section 26-2120 - LOANS TO OTHER CREDIT UNIONS WHO ARE MEMBERS.

ID Code § 26-2120 (2019) (N/A)
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26-2120. LOANS TO OTHER CREDIT UNIONS WHO ARE MEMBERS. A credit union may make loans to other credit unions who are its members with a maximum maturity of one (1) year and in an amount that shall not in total exceed ten percent (10%) of the shares and certificates of deposit of the credit union.

History:

[26-2120, added 1977, ch. 213, sec. 2, p. 595.]