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2020 Nebraska Revised Statutes
Chapter 21 - Corporations and Other Companies
21-1716 Membership shares, defined.
Universal Citation: NE Code § 21-1716 (2020)
21-1716. Membership shares, defined.
Membership shares shall mean a balance held by a credit union and established by a member in accordance with standards specified by the credit union. Each member may own only one membership share. Ownership of a membership share shall represent an interest in the capital of the credit union upon dissolution or conversion to another type of institution.
Source
- Laws 1996, LB 948, ยง 16.
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