45-4-701 - Capital. - Tennessee Statutes

45-4-701. Capital.

The capital of the credit union shall consist of the payments that have been made to it by the several members thereof on shares.

[Acts 1923, ch. 68, § 15; Shan. Supp., § 2198a22; Code 1932, § 3849; C. Supp. 1950, § 3849; T.C.A. (orig. ed.), § 45-1824.]