Haw. Rev. Stat. § 412:10-411

Current through the 2024 Legislative Session
Section 412:10-411 - Loans to other credit unions

A credit union may make loans to other credit unions, central credit unions, corporate credit unions or a central liquidity facility established under federal or state law; provided that the loans shall be approved by the board of directors and that the aggregate of all loans to such credit unions and a central liquidity facility shall not exceed twenty-five per cent of the lending credit union's capital.

HRS § 412:10-411

L 1993, c 350, pt of §1