Current through P.L. 171-2024
Section 28-1-23.5-8 - Activities authorized for national banks and federal credit unions(a) A financial institution described in section 1(1), 1(3), or 1(4) of this chapter may perform, provide, or deliver through electronic means or facilities any activity, function, product, or service that a national bank is specifically authorized to perform, provide, or deliver under 12 CFR 7.5000 et seq.(b) A financial institution described in section 1(2) of this chapter may perform, provide, or deliver through electronic means or facilities any activity, function, product, or service that a federal credit union is specifically authorized to perform, provide, or deliver under Part 721 of the National Credit Union Administration's regulations ( 12 CFR 721.1 et seq.).As added by P.L. 10-2006, SEC.32 and P.L. 57-2006, SEC.32.