N.H. Admin. Code § Ban 510.03
Current through Register No. 50, December 12, 2024
A credit union may invest its funds in the shares, stocks or obligations of any organization, providing services which are associated with the routine operations of credit unions up to 1% of the total paid in and unimpaired share and deposit capital and surplus account of the credit union with the approval of the commissioner, provided, however, that such authority does not include the power to acquire control directly or indirectly of another financial institution, nor invest in shares, stocks or obligations of an insurance company, trade association, liquidity facility or any other similar organization, corporation or association.
N.H. Admin. Code § Ban 510.03
#2120, eff 8-12-82