ยง 490-j. Powers of credit unions with respect to agreement. Any credit
union organized under the provisions of this chapter shall have the
power to become a party to the agreement provided for by this article,
and to take all actions authorized or required by the terms of such
agreement and to pay all contributions provided for therein. Any such
contributions paid into the fund by any party to such agreement may be
carried on its books by such party as an asset to the extent authorized
by the superintendent.
Structure New York Laws
Article 11-A - Credit Union Insurance Fund
490-C - Execution and Filing of Agreement.
490-D - Provisions of Agreement.
490-E - Powers and Duties of Trustee or Trustees.
490-F - Powers of Superintendent to Obtain Payment From Fund.
490-G - Payment of Liquidating Dividends on Uninsured Shares.
490-H - Exemption of Fund From Taxation.