§831. Share capital and surplus 1. Amount and par value of share capital. A. The capital of a credit union shall be unlimited in amount and shall consist of shares which may be subscribed to and paid for in such manner as the bylaws may prescribe. [PL 1975, c. 500, §1 (NEW).] B. […]
§832. Guaranty fund (REPEALED) SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1979, c. 134, §§1,2 (AMD). PL 1979, c. 663, §54 (AMD). PL 2003, c. 322, §§20,21 (AMD). PL 2017, c. 143, §7 (RP).
§833. Dividends and interest 1. Time for payment; method. [PL 2003, c. 322, §22 (RP).] 1-A. Time for payment of dividends; method. At such intervals as the board of directors may authorize and after the credit union establishes and maintains adequate levels of net worth pursuant to section 831, the board of directors may declare […]
§834. Fiscal year The fiscal year of a credit union shall end as of the close of business on the last business day of December. [PL 1975, c. 500, §1 (NEW).] SECTION HISTORY PL 1975, c. 500, §1 (NEW).
§835. Reports to superintendent (REPEALED) SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 2003, c. 322, §26 (RP).
§836. Insurance of shares 1. Requirement. Every credit union authorized to do business in this State shall insure shares with the National Credit Union Administration or the successor to such federal agency. [PL 1997, c. 108, §12 (AMD).] 2. Transition period. [PL 2003, c. 322, §27 (RP).] 3. Failure to obtain insurance. [PL 2003, […]
