PART II. POWERS OF CREDIT UNIONS
§412:10-200 General powers. (a) Except as expressly prohibited or limited by this chapter, a credit union shall have the power to issue shares, solicit, accept and hold deposits, and engage in any activities which are usual or incidental to the business of a credit union. In addition to the powers mentioned elsewhere in this article, a credit union may:
(b) A credit union may exercise all incidental powers that are necessary or requisite to enable it to effectively carry out its purposes. [L 1993, c 350, pt of §1]