2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 370 Credit Unions
Section 370.290. Power to borrow money from any source.


MO Rev Stat § 370.290. What's This?

Power to borrow money from any source.

370.290. 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.

(RSMo 1939 5535, A.L. 1951 p. 288)

Prior revision: 1929 5093

Annotation Copyright Missouri Joint Committee on Legislative Research

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