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K.S.A. 17-2215a

Power of corporate credit unions to borrow increased by amount of certain investments

L. 1973, ch. 93, § 2; L. 1992, ch. 225, § 6; July 1.

For a corporate credit union, the power to borrow shall be increased by the amount of investments of such credit union in government securities, and, further, the administrator may authorize borrowing in excess thereof.

Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.