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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 370

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  370.156.  Withdrawal applications voided, when. — When the director takes charge of a credit union, all notices or applications of members for withdrawal of shares theretofore filed shall thereafter be of no force and effect; and any distribution to members of capital shall be pro rata to the participation value of their shares.

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(L. 1967 p. 509)


---- end of effective   28 Aug 1967 ----

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