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Statutes > Wisconsin Laws > Chapter 186. Credit unions. > 186.112 Credit union borrowing.

STATE STATUTES & CODES

WISCONSIN STATUTES AND CODES

186.112 Credit union borrowing.

186.112

186.112 Credit union borrowing. The board of directors may borrow money from any source if the amount borrowed does not exceed 30% of the credit union's total savings, deposits and reserves. Credit union borrowing may exceed 30% if the office of credit unions approves.

186.112 - ANNOT.

History: 1971 c. 193 ss. 23, 42 (1); 1979 c. 34, 282; 1981 c. 156; 1983 a. 369; 1995 a. 27, 151.

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