Common use of Lien on Shares Clause in Contracts

Lien on Shares. The Co-op shall have a lien on a member’s shares for a debt or any other amount whatsoever due to the Co-op by the member and the lien will extend to the proceeds of any redemption or sales of the shares.

Appears in 2 contracts

Samples: Rules of Sunkatchers r.v. Park Co Operative, Rules of a Housing Cooperative

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Lien on Shares. The Co-op shall have a lien on a member’s shares Shares for a debt or any other amount whatsoever due to the Co-op by the member and the lien will extend to the proceeds of any redemption or sales of the sharesShares.

Appears in 2 contracts

Samples: Rules of Cooperative Housing Association, Rules of Byrne Creek Housing Co Operative

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Lien on Shares. The Co-op shall have a lien on a member’s shares Shares for a debt or any other amount whatsoever due to the Co-op by the member and the lien will extend to the proceeds of any redemption or sales of the sharesShares.

Appears in 1 contract

Samples: Rules of Pine Ridge Housing Co Operative

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