KRS 286.6-107: Membership defined.

(1) The membership of a credit union shall be limited to and consist of the subscribers

to the articles of incorporation and such other persons within the common bond set

forth in the bylaws as have been duly admitted members, have paid any required

entrance fee or membership fee, or both, have subscribed to one (1) or more shares,

and have paid the initial installment thereon, and have complied with such other

requirements as the articles of incorporation or bylaws specify.

(2) Credit union membership shall b e limited to persons having a common bond of

similar occupation, association or interest.