§ 54-109.60A – Minors.
54-109.60A. Minors. (a) A credit union may issue and operate a share or deposit account in the name of (i) a minor or (ii) the names of two or more individuals, one or more of which are minors. A minor who obtains a share or deposit account from a credit union under this subsection, whether […]
§ 54-109.53 – Shares.
54-109.53. Shares. (a) The capital of a credit union consists of the payments made by members on shares, undivided surplus, and reserves. (b) Shares may be subscribed to, paid for and transferred in such manner as the bylaws prescribe. (c) A certificate need not be issued to denote ownership of a share in a credit […]
§ 54-109.54 – Dividends.
54-109.54. Dividends. The board of directors of any credit union may declare dividends as its bylaws provide. (1915, c. 115, s. 22; C.S., s. 5223; 1925, c. 73, s. 3; 1935, c. 87; 1957, c. 989, s. 3; 1965, c. 956, s. 15; 1969, c. 69, ss. 3, 4; 1973, c. 199, s. 7; 1975, […]
§ 54-109.55 – Deposits.
54-109.55. Deposits. A credit union may receive on deposit the savings of its members and also nonmembers in such amounts and upon such terms as the board of directors may determine and the bylaws shall provide. (1915, c. 115, s. 16; C.S., s. 5217; 1925, c. 73, s. 3; 1935, c. 87; 1975, c. 538, […]