Liability of members

  1. Law
  2. District of Columbia Code
  3. Banks and Other Financial Institutions
  4. Credit Unions
  5. Credit Union Act of 2020
  6. Credit Union Membership
  7. Liability of members

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The members of a District credit union shall not be personally or individually liable for the payment of the District credit union's debts solely by virtue of their membership in the District credit union.

(May 6, 2020, D.C. Law 23-86, § 406, 67 DCR 3476.)


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