Power to borrow money from any source.

  1. Law
  2. Missouri Revised Statutes
  3. Business and Financial Institutions
  4. Credit Unions
  5. Power to borrow money from any source.

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Effective - 28 Aug 1951

370.290. Power to borrow money from any source. — A credit union shall have the power to borrow from any source, but the total of such borrowing shall at no time exceed fifty percent of the capital, surplus and reserve fund of the borrowing credit union.

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(RSMo 1939 § 5535, A.L. 1951 p. 288)

Prior revision: 1929 § 5093


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