§412:10-101 - Necessity for credit union charter.

     §412:10-101  Necessity for credit union charter.  Except as expressly permitted by federal law or this chapter, no person shall engage in the business of a credit union, represent itself as a credit union, use a name or title containing the phrase "credit union" or any derivation thereof, or control any other person engaging in the business of a credit union. [L 1993, c 350, pt of §1; am L 2002, c 40, §33]