Wis. Admin. Code Department of Financial Institutions DFI-CU 68.05

Current through November 25, 2024

Section DFI-CU 68.05 - General authority

A credit union may contract for the purchase or sale of a security provided that:

(1) The delivery of the security is to be made within 30 days of the trade date; and

(2) The price of the security at the time of purchase is the market price.

Wis. Admin. Code Department of Financial Institutions DFI-CU 68.05

CR Register, May, 1985, No. 353, eff. 6-1-85.