§412:10-203  Sale or purchase of obligations
or notes.  A credit union may purchase, sell, pledge, or discount or
otherwise receive or dispose of, in whole or in part, any eligible obligations
of its members and to purchase from any liquidating credit union notes made by
individual members of the liquidating credit union as may be agreed upon by the
board of directors of the liquidating credit union and the board of directors
of the purchasing credit union, but no purchase may be made under authority of this
section, if after that purchase, the aggregate of the unpaid balances of notes
purchased under authority of this section would exceed five per cent of the
capital of the credit union. [L 1993, c 350, pt of §1]