370.010. Credit union, how organized.

Credit union, how organized.

370.010. Any seven persons, residents of the state ofMissouri, may apply to the director of the division of creditunions, for permission to organize a credit union by signing andacknowledging in triplicate a certificate of organization andentering into articles of agreement, in which they shall bindthemselves to comply with its requirements and with all the laws,rules and regulations applicable to credit unions.

(RSMo 1939 § 5521, A.L. 1941 p. 331, A.L. 1945 p. 689, A.L. 1945 p. 718, A. 1949 H.B. 2091, A.L. 1972 S.B. 502)

Prior revision: 1929 § 5079