11 GCA § 124103: Withdrawal without Notice or Before Maturity.
Where this section sits in the code
- Title 11: Finance and Taxation
- Division 5 - Savings and Loans Associations
- Chapter 124: Withdrawals
No association shall agree in advance to pay withdrawals without requiring notice of intention to withdraw or before the maturity of a notice of intention to withdraw. Except, as otherwise provided in this act in respect of shares and investment certificates pledged to the association issuing the same and except as otherwise so provided in respect of unrestricted funds permitted by Section 124102 of this act to any one or more shareholders or certificate holders, no association having matured withdrawal claims for the payment of any of which funds have not been set aside by the association shall pay any withdrawals except upon matured notice of intention to withdraw.
Collected 2026-09-27T03:19:28Z. Source file · JSON