New Hampshire Revised Statutes 383-E:13-1302 – Purposes
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A corporate credit union is a cooperative nonprofit association whose members consist primarily of other credit unions and whose purposes are:
(a) To accumulate and prudently manage the liquidity of its member credit unions through interlending and investment services;
(b) To act as an intermediary for credit union funds between members and other corporate credit unions;
(c) To obtain liquid funds from other credit union organizations, financial intermediaries, and other sources;
(d) To foster and promote in cooperation with other state, regional, and national corporate credit unions and credit union organizations or associations the economic security, growth and development of member credit unions; and
(e) To perform such other financial services of benefit to its members which are authorized by the commissioner.
(a) To accumulate and prudently manage the liquidity of its member credit unions through interlending and investment services;
Terms Used In New Hampshire Revised Statutes 383-E:13-1302
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
(b) To act as an intermediary for credit union funds between members and other corporate credit unions;
(c) To obtain liquid funds from other credit union organizations, financial intermediaries, and other sources;
(d) To foster and promote in cooperation with other state, regional, and national corporate credit unions and credit union organizations or associations the economic security, growth and development of member credit unions; and
(e) To perform such other financial services of benefit to its members which are authorized by the commissioner.