§ 54-109.21 – General powers.

54-109.21. General powers. A credit union may: (1) Make contracts; (2) Sue and be sued; (3) Adopt and use a common seal and alter the seal; (4) Acquire, lease, hold and dispose of property, either in whole or in part, necessary or incidental to its operations; (5) At the discretion of the board of directors, […]

§ 54-109.22 – Incidental powers.

54-109.22. Incidental powers. A credit union may exercise such incidental powers such as are necessary or requisite to enable it to promote and carry on most effectively its purposes. (1975, c. 538, s. 1.)