6-576. Investment authority

A. The board of directors has charge of the investment of credit union monies, except that the board may designate an investment committee or investment officer to make investments on its behalf, under written policies established by the board.

B. The board of directors shall designate a depository or depositories for the monies of the credit union.

6-576. Investment authority

A. The board of directors has charge of the investment of credit union monies, except that the board may designate an investment committee or investment officer to make investments on its behalf, under written policies established by the board.

B. The board of directors shall designate a depository or depositories for the monies of the credit union.