Member withdrawal from account

  1. Law
  2. Maryland Code
  3. Financial Institutions
  4. Credit Unions
  5. Extraordinary Actions.
  6. Member withdrawal from account

Checkout our iOS App for a better way to browser and research.

    (a)    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)    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.


Download our app to see the most-to-date content.