54-110.6. Participation in central system.
The corporate credit union may enter into agreements for the purpose of participation in any state or federal central liquidity facility or central financial system for credit unions, and for the purpose of aiding credit unions in establishing concentrated lines of credit with other financial institutions and act as a depositor and transmitter of funds to carry out such agreements. (1983, c. 470.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 54 - Cooperative Organizations
Article 15A - Corporate Credit Union.
§ 54-110.1 - Definition and purposes.
§ 54-110.3 - Charter and name exclusive.
§ 54-110.5 - Powers and privileges.
§ 54-110.6 - Participation in central system.