26-2147 CREDIT UNIONS JOINTLY HOLDING STOCK -- EFFECT OF WITHDRAWAL BY ONE CREDIT UNION. - Idaho Statutes

State Codes and Statutes

Statutes > Idaho > Title26 > T26ch21 > T26ch21sect26-2147

TITLE 26

BANKS AND BANKING

CHAPTER 21

IDAHO CREDIT UNION ACT

26-2147. Credit unions jointly holding stock -- Effect of withdrawal by one credit union. If stock in a credit union service corporation has been held by two (2) credit unions, and one (1) of such credit unions ceases to utilize the services of the corporation and ceases to hold stock in it, and leaves the other as the sole stockholding credit union, the corporation may nevertheless continue to function as such and the other credit union may continue to hold stock in it.

State Codes and Statutes

Statutes > Idaho > Title26 > T26ch21 > T26ch21sect26-2147

TITLE 26

BANKS AND BANKING

CHAPTER 21

IDAHO CREDIT UNION ACT

26-2147. Credit unions jointly holding stock -- Effect of withdrawal by one credit union. If stock in a credit union service corporation has been held by two (2) credit unions, and one (1) of such credit unions ceases to utilize the services of the corporation and ceases to hold stock in it, and leaves the other as the sole stockholding credit union, the corporation may nevertheless continue to function as such and the other credit union may continue to hold stock in it.

State Codes and Statutes

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State Codes and Statutes

Statutes > Idaho > Title26 > T26ch21 > T26ch21sect26-2147

TITLE 26

BANKS AND BANKING

CHAPTER 21

IDAHO CREDIT UNION ACT

26-2147. Credit unions jointly holding stock -- Effect of withdrawal by one credit union. If stock in a credit union service corporation has been held by two (2) credit unions, and one (1) of such credit unions ceases to utilize the services of the corporation and ceases to hold stock in it, and leaves the other as the sole stockholding credit union, the corporation may nevertheless continue to function as such and the other credit union may continue to hold stock in it.