← belizelaw.ai · Credit Unions, Cap. 314 · PART XII — Credit Union League

Establishment and functions of Credit Union League

Cap. 314, s. 80 · Revised Edition 2020

There is hereby established a Belize Credit Union League, which shall serve the needs of member credit unions, for the furtherance of their common interests and the benefit of their members and, without limiting the generality of the foregoing, the League shall be responsible for– (a) carrying on, encouraging and assisting educational and advisory work relating to (b) improving methods of management of member credit unions and standardizing their record-keeping, accounting and procedures; (c) reducing operating costs of member credit unions by arranging for group services; (d) borrowing and lending money to achieve the objects of the League; Credit Unions Act 73 (e) drawing, making, accepting, endorsing, executing and issuing promissory notes, bills of exchange, bills of lading, warrants and other negotiable or transferable instruments; (f) rendering to its member consultative and any other services incidental to its objects; (g) organizing training and educational activities for volunteers, employees and members of

Amended by: 34 of 2005

Have a question about this section? Ask belizelaw.ai →