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West Virginia Code Chapter 31C. Credit Unions § 31C-9-1. Investment and deposit of funds

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The credit union's board of directors shall have charge of the investment of funds, except that they may designate an investment committee or investment officer to make investments in its behalf, under written investment policies established by the credit union's board.

(b) The credit union's board of directors shall designate a depository or depositories for the funds of the credit union.

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Cite this article: FindLaw.com - West Virginia Code Chapter 31C. Credit Unions § 31C-9-1. Investment and deposit of funds - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-31c-credit-unions/wv-code-sect-31c-9-1/

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