Legislation

Search OpenLegislation Statutes

previous
  • SECTION 490-H
    Exemption of fund from taxation
    • up
  • ARTICLE 11-A
    Credit Union Insurance Fund
    • next
  • SECTION 490-J
    Powers of credit unions with respect to agreement
    • This entry was published on 2014-09-22
    NOTE: The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.

    SECTION 490-I

    Liability for payment of contributions

    Banking (BNK) CHAPTER 2, ARTICLE 11-A

    § 490-i. Liability for payment of contributions. Any credit union
    which is a party to the agreement provided for by this article shall be
    liable for the payment of any contribution called for by the trustee or
    trustees pursuant to such agreement in the same manner as it would be
    liable for the payment of a debt otherwise contracted.