A member may be expelled by a two-thirds vote of the members of a credit union present at a special meeting called for the purpose, but only after the member has been given an opportunity to be heard. Withdrawal or expulsion of a member does not discharge the liability of the member to the credit union. The amount to be paid a withdrawing or expelled member by a credit union shall be determined and paid in the manner specified in the bylaws.
Section: Previous 06.45.130 06.45.140 06.45.150 06.45.160 06.45.170 06.45.180 06.45.190 06.45.200 06.45.210 06.45.220 06.45.230 06.45.240 06.45.250 06.45.260 06.45.270 NextLast modified: November 15, 2016