Application required

A state-chartered credit union may invest in any other investment or engage in any other investment activity that a federal-chartered credit union may invest in or engage in subject to an application to the state credit union board and approval from the state credit union board, subject to any limitations the state credit union board may place on the credit union. History: Effective January 1, 2007. General Authority: NDCC 6-01-04 Law Implemented: NDCC 6-06-06