Mont. Code Ann. § 32-3-802

Purpose -- membership

Last amended: 1993Year: 2026Length: 98 wordsSubsections: 2Official source
32-3-802 . Purpose -- membership. (1) A corporate credit union must be operated primarily for the purpose of serving other credit unions. (2) Membership in a corporate credit union must include credit unions organized and operating under this chapter or under any other credit union law. (3) Membership may also include: (a) officers, directors, committee members, and employees of credit unions; or (b) organizations and associations of those persons or organizations enumerated in subsections (2) and (3)(a). (4) The membership of a corporate credit union may not include more than seven natural persons as described in subsection (3)(a).
Mont. Code Ann. § 32-3-802: Purpose -- membership | Justis AI