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Part 1 - Formation
§ 45-4-103. Certificate of Approval Issued by Commissioner of Financial Institutions on Approval - The commissioner shall approve the certificate of organization, and the...
§ 45-4-104. Use of Words “Credit Union” in Name or Title Regulated - The use by any person, corporation, association or copartnership, except...
Part 2 - Organization and Operation
§ 45-4-202. Board of Directors — General Management — Special Duties - The board of directors has the duty of general management...
Part 3 - Membership -
Part 4 - Shares
§ 45-4-401. Premiums for Shares Prohibited - Credit union shares shall in no event be sold at...
§ 45-4-402. Shares and Deposits of Minors - Shares may be issued in the name of a minor...
§ 45-4-403. Transfer of Shares - Fully paid-up shares of a credit union may be transferred...
§ 45-4-404. Accounts in Two or More Names - Investment or other deposit accounts maintained in any credit union...
§ 45-4-406. “Payable-on-Death” Share Accounts and Share Deposits in Trust — Powers of Attorney - The following provisions of chapter 2 of this title are...
Part 5 - Powers and Duties
§ 45-4-501. Powers Generally - A credit union has the following powers:
§ 45-4-504. Change of Chief Place of Business Upon Giving Notice - A credit union may change its chief place of business...
Part 6 - Loans
§ 45-4-603. Loan Charges - In addition to the charging and collecting of interest as...
§ 45-4-605. Conditions of Lending - A credit union may loan to its members, as provided,...
§ 45-4-606. Agricultural Loans - A member who needs funds with which to purchase necessary...
§ 45-4-607. Repayment on Any Business Day - A borrower may repay the whole or any part of...
§ 45-4-608. Loans to Directors and Committee Members - Subject to the limitations on loans contained in § 45-4-203...
§ 45-4-610. State Chartered Credit Unions — Power to Make Loans — Interest Rate - Subject to the limitations on maximum effective rates of interest...
Part 7 - Capital and Reserves
§ 45-4-701. Capital - The capital of the credit union shall consist of the...
§ 45-4-702. Reserve Income - All entrance fees, transfer fees and charges shall, after the...
Part 8 - Taxes and Fees
§ 45-4-801. [reserved.] - At the time of incorporation, every credit union shall pay...
§ 45-4-803. State and Federal Credit Unions to Be Equally Subject to Taxation - Except for taxes on property and the credit union fees...
Part 9 - Dissolution, Liquidation and Merger
§ 45-4-902. Liquidation - Assets then remaining shall be distributed to the members proportionately...
Part 10 - Supervision by State -
Part 11 - Share Insurance Corporation
§ 45-4-1102. Purposes of Corporation - The general purposes of the corporation are to:
§ 45-4-1103. Powers - The corporation may:
§ 45-4-1114. Exemption From Taxation - The corporation is declared to be performing a public function...
Part 12 - Volunteer Corporate Credit Union
§ 45-4-1202. Purposes - The general purposes of the corporation are to:
§ 45-4-1203. Powers - The corporation may:
§ 45-4-1204. Use of Name Exclusive - This corporation shall have the sole right to use the...
§ 45-4-1205. Amendments to Articles of Incorporation - Amendments to the articles, adopted by a vote of two-thirds...
§ 45-4-1207. Membership — State Credit Unions, Federal Credit Unions and Foreign Credit Unions - Any credit union legally chartered under federal law or chartered...
§ 45-4-1208. Primary Shares — Dividends — Withdrawing Credit Unions - On July 1, 1995, primary shares of the corporation shall...
§ 45-4-1209. Directors - The corporation's business shall be conducted by the directors, who...
§ 45-4-1212. Exemption From Share and Deposit Insurance - The corporation shall be exempt from the requirements of §...
§ 45-4-1213. Exemption From Annual Meetings and Reserves - The corporation shall be exempt from the requirements applicable to...
Part 19 - Miscellaneous Provisions
§ 45-4-1901. Bureau of Information Maintained by Commissioner of Financial Institutions - It is the duty of the commissioner to:
§ 45-4-1902. Conversion of State Credit Union Into Federal Credit Union - A state credit union may be converted into a federal...
§ 45-4-1903. Conversion of Federal Credit Union Into State Credit Union - A federal credit union, organized under the federal Credit Union...