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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 370

previous next Effective - 28 Aug 1951bottom

  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


---- end of effective   28 Aug 1951 ----

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