HRS §412:10-806
Credit union can join central liquidity systems
This section lets a corporate credit union join the National Credit Union Administration Central Liquidity Facility or other state or federal central systems for credit unions. It can also make agreements with third parties to help credit unions get more liquidity.
The statute, as written — Participation in central system
The corporate credit union may enter into agreements and subscribe to any required shares for the purpose of participation in the National Credit Union Administration Central Liquidity Facility created by Public Law 95-630 or any other state or federal central liquidity facility or central financial system for credit unions. The corporate credit union may also enter into agreements with any third parties to aid credit unions to obtain additional sources of liquidity.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.