Section 113March 10, 1990, Sec./Art. 113

Organizational Linkage. - Credit cooperatives may organize chapter or subsidiaries, or join leagues and federations for the purpose of providing commonly needed essential services Including but not limited to the following:

(1) Inter-lending of surplus fund;

(2) Mutual benefits;

(3) Deposit guarantee;

(4) Bonding;

(5) Education and training;

(6) Professional and technical assistance;

(7) Research and development;

(8) Representation; and

(9) Other services needed to improve their performance.

Existing support organizations such as federations of credit cooperatives, credit cooperatives at the provincial, regional and national levels may continue as such under this Code.