Section 393:37 Withdrawal of Paid-up Shares.
Any holder of paid-up shares may withdraw his money by giving at least 30 days' notice thereof; but the board of directors of the association may, if necessary, refuse to use more than 1/2 of the funds in the treasury for that purpose, and shall pay the shares in the order in which notices of withdrawal are received as fast as the funds in the treasury shall permit.
Source. 1917, 87:3. PL 266:23. 1939, 72:5. RL 314:33. 1949, 106:7, eff. March 24, 1949.