TITLE XXXV BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
CHAPTER 383-E CREDIT UNION ACT
ARTICLE 4 Powers of Credit Unions
Section 383-E:4-414
383-E:4-414 Retirement Accounts. –
A credit union may act as trustee of pension and profit-sharing plans. A credit union may also act as trustee or custodian of:
(a) Individual retirement accounts authorized by federal and state law;
(b) Pension funds of self-employed individuals or of an entity or organization sponsoring the credit union;
(c) Deferred compensation plans; and
(d) Other similar retirement or pension plans.