GroundRules
N.C. Gen. Stat. § 54-109.1: Definition and purposes.
Where this section sits in the code
- Chapter 54. Cooperative Organizations.
- SUBCHAPTER III. CREDIT UNIONS.
- Article 14A. Formation of Credit Union.
A credit union is a cooperative, nonprofit association, incorporated under Articles 14A to 14L of this Chapter, for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest, and providing an opportunity for its members to use and control their own money in order to improve their economic and social condition. (1975, c. 538, s. 1.)
Collected 2026-08-27T18:05:32Z. Source file · JSON