Section 6-809 - Member withdrawal from account.

§ 6-809. Member withdrawal from account.
 

(a)  Notice requirement.- A credit union may require not more than 60 days' notice of a member's intention to withdraw from a share account or deposit account. 

(b)  Restrictions.- A requirement imposed under subsection (a) of this section shall: 

(1) Apply to all members of the credit union; and 

(2) Be included in each member's account agreement. 
 

[2001, ch. 147, § 1; ch. 148, § 1.]