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Statutes Text

Article - Financial Institutions


    In addition to the powers set forth elsewhere in this title, a credit union may:

        (1)    Receive the shares and deposits of its members;

        (2)    Lend money to its members;

        (3)    Invest funds as provided in this title; and

        (4)    Undertake other activities that:

            (i)    Are consistent with this title;

            (ii)    Relate to its purposes; and

            (iii)    Are authorized by its bylaws.