(a) (1) Subject to the provisions of paragraph (2) of this subsection, a credit union may borrow money for the purchase of fixed assets.
(2) The term of the loan may not exceed:
(i) 15 years for borrowings secured by real or leasehold property; and
(ii) 5 years for borrowings secured by other fixed assets.
(b) A credit union may borrow money for a purpose other than the purchase of fixed assets as long as the total borrowing does not exceed the greater of:
(1) Two times the net worth of the borrowing credit union; or
(2) 10% of the total assets of the borrowing credit union.