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C-4.1 - Savings and Credit Unions Act

Section 255
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255. Every credit union shall exercise the powers to make investments conferred on it by this Act with the prudence and care that a reasonable person would exercise in similar circumstances, and act with honesty and fairness in the best interest of its members and depositors. In addition, every credit union shall comply with the standards adopted under this Act.
1988, c. 64, s. 255; 1996, c. 69, s. 80.
255. Every credit union shall exercise the powers to make investments conferred on it by this Act with the prudence and care that a reasonable person would exercise in similar circumstances, and act with honesty and fairness in the best interest of its members and depositors.
1988, c. 64, s. 255.
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