Section 490-J. Powers of credit unions with respect to agreement

Latest version.

Any credit
  union  organized  under  the  provisions  of this chapter shall have the
  power to become a party to the agreement provided for by  this  article,
  and  to  take  all  actions  authorized or required by the terms of such
  agreement and to pay all contributions provided for  therein.  Any  such
  contributions  paid  into the fund by any party to such agreement may be
  carried on its books by such party as an asset to the extent  authorized
  by the superintendent.

                    
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