Section 491.130 - “Member” defined.
SAVINGS AND LOAN ACT OF 1980 (EXCERPT)
Act 307 of 1980
491.130 “Member” defined.
Sec. 130.
“Member” means in a mutual association, a depositor holding a savings account, except as otherwise provided in section 606(b); or in a stock association, a person owning voting capital stock of the association.
History: 1980, Act 307, Eff. Jan. 1, 1981