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2012 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 370 Credit Unions
Section 370.270 Entrance and transfer fees.
Universal Citation:
MO Rev Stat § 370.270 (2012)
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Entrance and transfer fees.
370.270. A credit union may charge an entrance fee, as may be provided in the bylaws which shall, however, not exceed one dollar. Fully paid-up shares may be transferred to any person upon election to membership, upon such terms as the bylaws may provide and upon the payment of a transfer fee which shall not exceed one dollar.
(RSMo 1939 5532, A.L. 1945 p. 689, A.L. 1972 S.B. 502)Prior revision: 1929 5090
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