§ 6-809. Member withdrawal from account


Latest version.



  •    (a) Notice requirement. -- A credit union may require not more than 60 days' notice of a member's intention to withdraw from a share account or deposit account.

    (b) Restrictions. -- A requirement imposed under subsection (a) of this section shall:

       (1) Apply to all members of the credit union; and

       (2) Be included in each member's account agreement.


HISTORY: 2001, ch. 147, § 1; ch. 148, § 1.