AN ACT FURTHER REGULATING THE INVESTMENTS OF CREDIT UNIONS.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
The second paragraph of section 21 of chapter 171 of the General Laws is
hereby amended by striking
out paragraph (r), as appearing in chapter 313 of the acts of 1977, and
inserting in place thereof the following paragraph:-
(r) Subject to the approval of the commissioner, a credit union may
invest a sum in excess of fifty thousand dollars for the purchase of
electronic data processing equipment.