Settlement with withdrawing or expelled member.

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The amounts paid in on shares by members who have withdrawn or who have been expelled shall be paid to them, less all accrued interest and other gains or profits, but in order of withdrawal or expulsion and only as funds therefor become available, and after deducting any amounts due by the members to the credit union, but such expulsion shall not operate to relieve a member from any remaining liability to the credit union.

HISTORY: 1962 Code Section 8-667; 1952 (47) 1950; 1961 (52) 175.


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