17:12B-79 - Forms of certificate
17:12B-79. Forms of certificate
Forms of certificate. The following form of membership certificate is hereby prescribed.
This certifies that ..................... is a
savings
borrowing .................................. member of the undersigned and holds a membership account therein subject to the Savings and Loan Act (1963) and the by-laws of the undersigned.
Date ................................ Association
Association's Seal By ...........................................
(Title of Officer or Officers)
The following form of share certificate is hereby prescribed.
This certifies that ....................................... is a member of the undersigned and holds .................... (insert number and type of shares) ........ shares therein subject to the Savings and Loan Act (1963) and the by-laws of the undersigned.
Date ................................ Association
Association's Seal By ...........................................
(Title of Officer or Officers)
Participation Value $..........................................
(To be added if account book is not issued)
Said membership certificates and share certificates shall be signed by such officer or officers as the board of each association shall direct.
L.1963, c. 144, s. 79. Amended by L.1964, c. 19, s. 6.