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Oct. 20, 2017
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2016 Statute

Section Number

17-5401 - Capital; shares; obligations; negotiable order of withdrawal accounts; demand accounts.
17-5402 - Reserve stock shares.
17-5403 - Shares may be issued for cash or property; exception.
17-5404 - Liability of members above amount paid in on shares; dividends.
17-5405 - Purchase of shares; signature card; certificate of ownership.
17-5406 - How shares may be held.
17-5407 - Transfer of shares.
17-5408 - Reserve accounts.
17-5409 - Net worth accounts.
17-5410 - Bonus and other reserve accounts.
17-5412 - Declaration of dividends.
17-5413 - Payment of earnings.
17-5414 - Repurchase procedure to be followed by association.
17-5415 - Redemption procedure to be followed by association.
17-5416 - Redemption prohibited, when.
17-5417 - Redemption price.
17-5418 - Shareholder's rights terminate on redemption date.
17-5419 - Fixed dividend rate for sinking fund and share retirement loan shares.
17-5420 - Lost certificates.
17-5421 - Guarantee stock; issuance and sale, limitations.
17-5422 - Same; minimum requirements.
17-5423 - Same; payment of dividends; requirements.
17-5424 - Same; restoration of stock when impaired; reduction; sale of stock to satisfy assessment; forfeiture, when.
17-5425 - Same; associations authorized to operate with guarantee stock; requirements.
17-5426 - Same; federal association converting to state association authorized to operate with guarantee stock, when.
17-5427 - Same; rules and regulations.
17-5428 - Same; act supplemental to savings and loan code.
17-5429 - Time deposit accounts in negotiable form; issuance without recording ownership.
17-5430 - Same; owners not members.
2017. Powered by KLISS. Rendered: 2017-10-20T14:37:41. Head Rev No: 274379