Common use of Bylaw Requirements Clause in Contracts

Bylaw Requirements. A member who fails to complete payment of one share within six months of his admission to membership, or within six months from the increase in the par value in shares, or a member who reduces his share balance below the par value of one share and has not increased the balance to at least the par value of one share within six months of the reduction may be terminated from membership at the end of a dividend period. The Credit Union reserves the right, at any time, to require members to give, in writing, not more than 60 days’ notice of intention to withdraw the whole or any part of the amounts so paid in by them.

Bylaw Requirements. A member who fails to complete payment of one share within six months of his admission to membership, or within six months from the increase in the par value in shares, or a member who reduces his share balance below the par value of one share and has not increased the balance to at least the par value of one share within six months of the reduction may be terminated from membership at the end of a dividend period. The Credit Union reserves the right, at any time, to require members to give, in writing, not more than 60 days’ days notice of intention to withdraw the whole or any part of the amounts so paid in by them.

Bylaw Requirements. A member who fails to complete payment of one share within six months of his admission to membership, or within six months from the increase in the par value in shares, or a member who reduces his share balance below the par value of one share and has not increased the balance to at least the par value of one share within six months of the reduction may be terminated from membership at the end of a dividend period. The Credit Union reserves the right, right at any time, time to require members to give, in writing, at least seven but not more than 60 days’ days notice of intention to withdraw the whole or any part of the amounts so paid in by them.

Bylaw Requirements. A member who fails to complete payment of one share within six (6) months of his admission to membership, or within six (6) months from the increase in the par value in shares, or a member who reduces his the share balance below the par value of one share and has not increased the balance to at least the par value of one share within six (6) months of the reduction may be terminated from membership at the end of a dividend period. Shares may be transferred only from one member to another, by written instrument in such form as the Credit Union may prescribe. The Credit Union reserves the right, at any time, to require members to give, in writing, not more than 60 days’ notice of intention to withdraw the whole or any part of the amounts so paid in by them.sixty