§412:10-310  Dormant accounts.  (a)  Ifthere has been no activity on a share or deposit account for one year, thecredit union may impose a reasonable maintenance fee.

(b)  Share and deposit accounts, dividends,interest and other sums due or standing in the name of a member or other personand held by the credit union are presumed abandoned unless the member or otherperson has, within five years:

(1)  Increased or decreased the amount of the funds orpresented an appropriate record for the crediting of dividends or interest;

(2)  Corresponded in writing with the credit unionconcerning the funds; or

(3)  Otherwise indicated an interest in the funds asevidenced by a memorandum on file with the credit union. [L 1993, c 350, pt of§1]