Common bond definition

Common bond means the shared characteristic of members of a credit union.

Common bond means the relationship between natural or corporate persons required before such persons can be members of a credit union.

Common bond means a common bond falling within section 6(3) of the Act;

Examples of Common bond in a sentence

• Common bond may be extended to family members, employees and other persons of close affinity as defined by the credit union’s bylaws and as approved by the superintendent upon request extension.2.5(3) Changes in common bond.

• Common bond is a characteristic prerequisite to the fulfillment of a group objective, and when present among persons of related interests and purposes, these persons couldbe expected to effectively operate a credit union.

• Not as structurally strong as its Flemish and English predecessors, the Common bond, also known as American bond, primarily utilizes the stretcher face of brick with every 5th, 6th, or 7th course made up entirely of headers.

• Common bond denominations include $100, $1,000, $10,000, $100,000 and $500,000.

• Juvenile (under 16) members may deposit funds (but not buy shares) with a credit union.4. Common bond.

More Definitions of Common bond

Common bond means a common bond falling within section 6(3);

Common bond means a factor that binds the members.

Common bond means any unifying factors that bring the members together. In this context it shall include individuals or organizations approved by the General Meeting.

Common bond means a common bond falling within subsection (3) or (7) of section 6;”.

Common bond means a common bond falling within section 6(3) of the Act; ‘compliance officer’ has the meaning given by section 76D of the Act;

Common bond means the shared characteristic of

Common bond means any unifying factors that bring the members together. In this context, it shall include individuals or organizations approved by the Board of Directors.