04 NCAC 06C .1204          FEDERAL FUNDS

A credit union may invest in federal funds through a bank located in North Carolina and any bank insured by F.D.I.C.

History Note:        Authority G.S. 54‑109.21(8); 54‑109.21(25);

Eff. May 15, 1981;

Amended Eff. October 1, 1983.