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.
Mo. Rev. Stat. § 370.290
Power to borrow money from any source
Effective: 28 Aug 1951; (RSMo 1939 § 5535, A.L. 1951 p. 288)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.