Section 9-301 - Member.
§ 9-301. Member.
(a) "Member" defined.- A member of a savings and loan association means a holder, as shown on the association's records, of:
(1) One or more savings accounts, as to a mutual association; and
(2) One or more shares of capital stock, as to a capital stock association.
(b) Multiple holders.-
(1) Multiple holders of a single account or share of capital stock shall be considered a single member.
(2) Notice to one holder of a multiple name account or share of capital stock is sufficient notice to all holders.
[CA § 6-219; 1980, ch. 856; 1986, ch. 282.]