Ky. Rev. Stat. § 286.5-351
Current through Acts Received April 24, 2024
When the dues paid in with the dividends credited on any unpledged shares reaches the par value of shares as fixed by the articles of incorporation, all payments of dues shall cease, and if the member so desires he shall be entitled to receive the value as fixed by the articles of incorporation with current dividends at such rates as is fixed by the board of directors. Payment on withdrawal of matured shares shall be otherwise subject to the same restrictions and limitations as payments on other shares.
KRS 286.5-351
Created 1964 Ky. Acts ch. 138, sec. 23, effective6/18/1964.