275.170. Association may borrow.
Association may borrow.
275.170. Every association organized under the provisions ofthis chapter shall have power, and is hereby authorized, toborrow on its own account, or as trustee, for its members, onwarehouse certificates, bills of lading or other collateral, asthe needs of the association or its members may require.
(RSMo 1939 § 14369)Prior revision: 1929 § 12711