Association may borrow.

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Effective - 28 Aug 1939

275.170. Association may borrow. — Every association organized under the provisions of this chapter shall have power, and is hereby authorized, to borrow on its own account, or as trustee, for its members, on warehouse certificates, bills of lading or other collateral, as the needs of the association or its members may require.

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(RSMo 1939 § 14369)

Prior revision: 1929 § 12711


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