Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 6. Banks and Financial Institutions |
Chapter 3. SAVINGS AND LOAN ASSOCIATIONS |
Article 4. Capital |
Sec 6-438. Authorized charges applicable to members
Latest version.
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An association may charge initial membership fee and a fee for transfer of membership or capital, as may be authorized by the by-laws, but no such fee shall exceed twenty-five cents per share or per one hundred dollars of the account.