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Kentucky · Snapshot 09/05/2026

KRS 286.6-355: Withdrawal of assets by member.

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Where this section sits in the code

    (1) Shares, share certificates, deposits, and deposit certificates may be withdrawn for

    payment to the account holder or to third parties, in such manner and in accordance

    with such procedures as may be established by the board of directors, subject to

    approval by the commissioner. The board may restrict one (1) class of share so it

    may not be redeemed, withdrawn, or transferred except upon termination of

    membership in the credit union.

    (2) Shares, share certificates, deposits, and deposit certificates shall be subject to any

    withdrawal notice requirement which may be imposed pursuant to the bylaws.

    Collected 2026-09-05T20:57:13Z. Source file · JSON

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