Credit union may act as custodian, when.

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Effective - 28 Aug 2004

370.400. Credit union may act as custodian, when. — In addition to any other credit union authority, a credit union may act as a custodian for any entity, public or private, and place funds in any other financial institutions, provided such funds are placed in deposits and insured by federal deposit insurance.

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(L. 2004 S.B. 1093)


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