A share account shall be kept on the books of the association with each certificate holder showing the aggregate of all payments made, plus dividends paid in cash or credited. The aggregate of all payments made, plus dividends credited, less withdrawals, shall be termed the "certificate value" or "withdrawal value" of the account.
Source: L. 33: pp. 312-317, §§ 1-6. CSA: C. 25, § 19. L. 39: p. 248, § 19. L. 43: p. 202, § 4. CRS 53: § 122-3-3. L. 55: p. 762, § 7. C.R.S. 1963: § 122-3-3.
Structure Colorado Code
Title 11 - Financial Institutions
§ 11-42-101. Investment and Savings Shares
§ 11-42-102. Preliminary Requirements
§ 11-42-103. Contents of Certificate - Accounts
§ 11-42-104. Participating and Limited Dividend Shares
§ 11-42-105. Responsibility for Losses - Extent
§ 11-42-106. Transfer of Shares
§ 11-42-108. Assessment to Restore Impaired Permanent Stock
§ 11-42-109. Sale of Delinquent Stock
§ 11-42-110. Forfeiture of Delinquent Stock
§ 11-42-111. Reserves and Distribution of Earnings
§ 11-42-112. Requirements for Sale of Permanent Stock
§ 11-42-113. Redemption of Shares or Stock
§ 11-42-115. Power to Issue Shares to Minors or in Trust
§ 11-42-117. Notice of Intention to Withdraw
§ 11-42-120. Shares or Account Not Withdrawable
§ 11-42-121. Payment of Withdrawals
§ 11-42-122. Limitation on Withdrawals
§ 11-42-124. Applicable to Previously Issued Certificates
§ 11-42-125. Associations Authorized to Accept Deposit Accounts