750 Ind. Admin. Code 3-1-2

Current through December 4, 2024

Section 750 IAC 3-1-2 - Contents and retention of membership card

Authority: IC 28-1-2-8

Affected: IC 28-7-1-10

Sec. 2.

Membership cards shall be kept on file and maintained in the credit union's main office for inspection by examiners and shall contain at least the following information:

(a) Account number, name, address, date of birth, signature of member, and the date signed,

(b) A statement that the member is eligible for membership in the credit union by reason of employment, membership, affiliation, association, and/or other relationship with the organization, institution, corporation, or entity included in the credit union's field of membership, and

(c) Date, signature and title of person authorized to record approval by the board, membership officer or executive committee.

750 IAC 3-1-2

Department of Financial Institutions; Credit Unions Reg No CU-1,Sec 2; filed May 31, 1977, 9:50 am: Rules and Regs. 1978, p. 323; readopted filed Nov 5, 2001, 2:59 p.m.: 25 IR 939; readopted filed Nov 28, 2007, 2:57 p.m.: 20071226-IR-750070649RFA