(a) All credit union records shall be kept for a period of five (5) years from the date of making them or from the date of the last entry thereon.
(b) No credit union shall be required to make receipt for payment except as may be provided in the bylaws, nor shall it be necessary to endorse a note showing date of payments or balance due.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
§ 23-35-602. Christmas and other thrift clubs
§ 23-35-603. Loans and extensions of credit in advance
§ 23-35-604. Investment of funds
§ 23-35-606. Inability to contact members — Transfer of funds to reserves
§ 23-35-607. Dividends — Definition
§ 23-35-608. Reduction of assets