Current with changes from the 2024 Legislative Session
(a) A member of a savings and loan association means a holder, as shown on the association's records, of: (1) One or more savings accounts, as to a mutual association; and(2) One or more shares of capital stock, as to a capital stock association.(b)(1) Multiple holders of a single account or share of capital stock shall be considered a single member.(2) Notice to one holder of a multiple name account or share of capital stock is sufficient notice to all holders.