2005 North Carolina Code - General Statutes § 54-109.75. Insurance for members.

Article 14H.

Insurance and Group Purchasing.

§ 54‑109.75.  Insurance for members.

(a)       A credit union may purchase or make available insurance for its members in amounts related to their respective ages, shares, deposits or loan balances or to any combination of them.

(b)       A credit union may enter into cooperative marketing arrangements to facilitate its members' voluntary purchase of insurance including, but not by way of limitation, life insurance, disability insurance, accident and health insurance, property insurance, liability insurance, and legal expense insurance. (1975, c. 538, s. 1.)

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