CHAPTER 19-5
Credit Unions

Index Of Sections

§ 19-5-1 "Credit union" defined.
§ 19-5-2 Incorporation.
§ 19-5-3 Membership of credit unions.
§ 19-5-4 Contents of by-laws.
§ 19-5-5 Shares or deposits held jointly.
§ 19-5-6 Demand deposits.
§ 19-5-7 Voting rights.
§ 19-5-8 Election and terms of directors.
§ 19-5-9 Appointments and terms of supervisory committee members.
§ 19-5-10 Credit committee.
§ 19-5-11 Duplication of office prohibited – Oaths of office – Record of qualification.
§ 19-5-12 Powers and duties of directors.
§ 19-5-13 Loan applications.
§ 19-5-14 Powers and duties of supervisory committee.
§ 19-5-15 Investment of funds – Powers.
§ 19-5-15.1 Purchase, sale and pledge of eligible obligations and assets.
§ 19-5-16 Maximum aggregate liability of one person or company.
§ 19-5-17 Compensation or loans to officers.
§ 19-5-18 Expulsion of members.
§ 19-5-19 Dividends.
§ 19-5-20 Regular reserve.
§ 19-5-21 Destruction of records.
§ 19-5-22 Tax on deposits.
§ 19-5-23 Conversion.
§ 19-5-24 Merger.
§ 19-5-25 Exercise of same powers as federal credit unions.
§ 19-5-26 Liquidity reserves.
§ 19-5-27 Interstate credit unions.
§ 19-5-28 Severability.
§ 19-5-29 Savings promotion raffle.