370.290. Power to borrow money from any source.

Power to borrow money from any source.

370.290. A credit union shall have the power to borrow fromany source, but the total of such borrowing shall at no timeexceed fifty percent of the capital, surplus and reserve fund ofthe borrowing credit union.

(RSMo 1939 § 5535, A.L. 1951 p. 288)

Prior revision: 1929 § 5093