2010 Georgia Code 7-1-654 Case Law
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One Click Case Law for § 7-1-654
O.C.G.A. § 7-1-653 <-- --> O.C.G.A. §7-1-655



2010 Georgia Code

TITLE 7 - BANKING AND FINANCE

CHAPTER 1 - FINANCIAL INSTITUTIONS
ARTICLE 3 - CREDIT UNIONS
PART 2 - OPERATION AND REGULATION
§ 7-1-654 - Capital; right to offset loans, dues, and fines

O.C.G.A. 7-1-654 (2010)
7-1-654. Capital; right to offset loans, dues, and fines


The capital of the credit union shall consist of the payments that have been made to it by the members on their qualifying shares. A credit union shall have a lien on a member's share and deposits and on dividends or interest payable thereon for and to the extent of any loan made by it to such member and of any dues and fines payable to it by such member.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com