Common use of MEMBERSHIP RETENTION Clause in Contracts

MEMBERSHIP RETENTION. A member may be subject to limited services if all shares are withdrawn, the member fails to purchase the required number of shares within the time period set forth in the Credit Union’s bylaws, or causes a loss to the Credit Union. The membership of such a person shall terminate in accordance with the Credit Union’s bylaws.

Appears in 4 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

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