Section 27-26-31 Insufficiency of funds.
Section 27-26-31
Insufficiency of funds.
In the event that sufficient funds are not available for the sound financial operation of the association, pending recoupment, as provided in subsection (a) of Section 27-26-25, all members shall, on a temporary basis contribute to the financial requirements of the association in the manner provided for in Section 27-26-37. Any such contribution shall be reimbursed to the members by recoupment as provided in Section 27-26-29.
(Acts 1975, No. 513, p. 1148, §7(16).)