TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 3. CREDIT UNIONS

Part 5. Shares and Accounts

Liens

32-3-507. Liens. The credit union has a lien on the shares and accumulated dividends or interest of a member in the member's individual, joint, or trust account for any sum past due the credit union from the member or for any loan endorsed by the member.

History: En. 14-645 by Sec. 45, Ch. 38, L. 1975; R.C.M. 1947, 14-645; amd. Sec. 1048, Ch. 56, L. 2009.