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  370.270.  Entrance and transfer fees. — 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

< end of effective 28 Aug 1972 >

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