N.D. Cent. Code § 6-06-27
This is the official text of N.D. Cent. Code § 6-06-27, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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6-06-27. Notice of intention to withdraw shares and deposits
Official statutory text
6-06-27. Notice of intention to withdraw shares and deposits
A credit union may require sixty days' notice of intention to withdraw shares and thirty days'
notice of intention to withdraw deposits. Withdrawing members have no further rights in the
credit union, but are not released from any remaining liability to it by such withdrawal. All
amounts paid on shares or as deposits by a withdrawing member, and any dividends or interest
credited to that member to the date of withdrawal, after all sums due from the member to the
credit union have been deducted, must be repaid to the member as funds become available.
A credit union may require sixty days' notice of intention to withdraw shares and thirty days'
notice of intention to withdraw deposits. Withdrawing members have no further rights in the
credit union, but are not released from any remaining liability to it by such withdrawal. All
amounts paid on shares or as deposits by a withdrawing member, and any dividends or interest
credited to that member to the date of withdrawal, after all sums due from the member to the
credit union have been deducted, must be repaid to the member as funds become available.
Status: in_force · Read it on the official government site
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