6-551. Share accounts


A. Share accounts shall be subscribed to and paid for in such manner as the bylaws
prescribe. A credit union may require its members to subscribe to and make payments on
membership shares. Membership shares may not be pledged as security on any loan.


B. The par value of any membership shares may differ from the par value of other
shares.


C. A credit union may limit the amount in share accounts and deposit accounts and
any such limit must apply to all account holders.