A credit union may engage in any activity authorized by law or regulation for federal credit unions that, in the opinion of the director, or the director’s designee, is not unsafe and unsound for the credit union.
R.I. Gen. Laws § 19-5-25
Exercise of same powers as federal credit unions
P.L. 1995, ch. 82, § 43.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.