{"data":{"id":"us-al/ala.-code-5-17-14","jurisdiction":"us-al","citation":"Ala. Code § 5-17-14","heading":"Capital; Lien on Shares and Deposits of Members; Entrance Fee.","body":"The capital of a credit union shall consist of the payments that have been made to it by the several members thereof on shares. The credit union shall have a lien on the shares and deposits of a member for any sum due to the credit union from said member or for any loan endorsed by him. A credit union may charge an entrance fee as may be fixed by the bylaws; provided, that such entrance fee shall not exceed $1.00.","path":["Title 5 Banks and Financial Institutions.","Chapter 17 Credit Unions.","Article 1 General Provisions."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=5-17-14","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"875d1e0f310d078256e0559e1ad1bf50fcff1a0f0d3f862fccfbcdbabf3a3803","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-5-17-13","next":"us-al/ala.-code-5-17-15"},"notice":"GroundRules: Original legal text. Not legal advice."}
