A state credit union may borrow from any source in total a sum that shall not exceed fifty percent of the sum of its share and deposit account balances.
Iowa Code § 533.306
Power to borrow
Known as the Iowa Credit Union Act
The act spans §§ 533–533 (83 sections).
2007 Acts, ch 174, §37
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.