N.J. Stat. § 17:13-73.3: Agreements; purposes

The corporate central union may enter into agreements for the purpose of:

a. Participating in any state or federal central liquidity facility or central financial system for credit unions;

b. Aiding credit unions in establishing concentrated lines of credit with other financial institutions; and

c. Acting as a depositor and transmitter of funds to carry out these agreements.

L.1984, c. 171, s. 52, eff. Oct. 31, 1984.