Wisconsin Administrative Code
Department of Financial Institutions
DFI-CU 51-75 - Department of Financial Institutions-Credit Unions
Chapter DFI-CU 68 - Investment authority parity with federal credit unions
Section DFI-CU 68.05 - General authority
Universal Citation: WI Admin Code ยง DFI-CU 68.05
Current through February 26, 2024
A credit union may contract for the purchase or sale of a security provided that:
(1) The delivery of the security is to be made within 30 days of the trade date; and
(2) The price of the security at the time of purchase is the market price.
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