81-17-23 - Surplus and sinking funds invested.
§ 81-17-23. Surplus and sinking funds invested.
The associations shall have power to invest and reinvest the surplus and sinking funds as may accumulate in its hands from time to time for the use and benefit of its members and stockholders.
Sources: Codes, 1930, § 6479; 1942, § 4921; Laws, 1924, ch. 271.