Ky. Rev. Stat. § 286.6-315

Current through 2024 Ky. Acts ch. 225

Section 286.6-315 - Capital of credit union

(1) The capital of a credit union consists of the aggregate amount of the share and deposit accounts of its members plus all reserves and undivided earnings.

(2) Shares may be subscribed to, paid for and transferred in such manner as the bylaws prescribe.

KRS 286.6-315

Effective:7/13/1984
Created 1984 Ky. Acts ch. 408, sec. 32, effective7/13/1984.