{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-1301.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-1301.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-1301.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-1301.html"}],"law_id":79389,"edition_id":1,"section_id":79389,"structure_id":15468,"section_number":"6.2-1301","catch_line":"Effect of ownership of a share account","history":"1990, c. 373, \u00a7 6.1-225.2; 1999, c. 63; 2010, c. 794; 2022, cc. 675, 676.","full_text":"Ownership of a share account confers membership and voting rights as set forth in the credit union bylaws and represents an interest in the capital of the credit union upon dissolution or conversion to another type of institution.","order_by":null,"text":{"0":{"id":284194,"text":"Ownership of a share account confers membership and voting rights as set forth in the credit union bylaws and represents an interest in the capital of the credit union upon dissolution or conversion to another type of institution.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15468,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":13635,"metadata":{},"date_created":"2026-06-26 03:55:16","date_modified":"2026-06-26 03:55:16","permalink":{"id":264547,"object_type":"structure","relational_id":15468,"identifier":"1","token":"6.2\/II\/13\/1","url":"\/6.2\/II\/13\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13635,"edition_id":1,"name":"Credit Unions","identifier":"13","label":"chapter","depth":3,"order_by":1,"parent_id":13000,"metadata":{},"date_created":"2026-06-26 03:45:26","date_modified":"2026-06-26 03:45:26","permalink":{"id":264545,"object_type":"structure","relational_id":13635,"identifier":"13","token":"6.2\/II\/13","url":"\/6.2\/II\/13\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13000,"edition_id":1,"name":"Depository Institutions and Trust Organizations","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12852,"metadata":{},"date_created":"2026-06-26 03:44:07","date_modified":"2026-06-26 03:44:07","permalink":{"id":263685,"object_type":"structure","relational_id":13000,"identifier":"II","token":"6.2\/II","url":"\/6.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12852,"edition_id":1,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":84320,"structure_id":15468,"section_number":"6.2-1300","catch_line":"Definitions","url":"\/6.2-1300\/","token":"6.2\/II\/13\/1\/6.2-1300","metadata":false},{"id":79389,"structure_id":15468,"section_number":"6.2-1301","catch_line":"Effect of ownership of a share account","url":"\/6.2-1301\/","token":"6.2\/II\/13\/1\/6.2-1301","metadata":false},{"id":85919,"structure_id":15468,"section_number":"6.2-1302","catch_line":"Powers","url":"\/6.2-1302\/","token":"6.2\/II\/13\/1\/6.2-1302","metadata":false},{"id":83576,"structure_id":15468,"section_number":"6.2-1302.1","catch_line":"Virtual currency custody services","url":"\/6.2-1302.1\/","token":"6.2\/II\/13\/1\/6.2-1302.1","metadata":false},{"id":66827,"structure_id":15468,"section_number":"6.2-1303","catch_line":"Regulations","url":"\/6.2-1303\/","token":"6.2\/II\/13\/1\/6.2-1303","metadata":false},{"id":74426,"structure_id":15468,"section_number":"6.2-1304","catch_line":"Franchise tax exemption","url":"\/6.2-1304\/","token":"6.2\/II\/13\/1\/6.2-1304","metadata":false},{"id":58923,"structure_id":15468,"section_number":"6.2-1305","catch_line":"Making or circulating derogatory statements affecting credit unions; penalty","url":"\/6.2-1305\/","token":"6.2\/II\/13\/1\/6.2-1305","metadata":false},{"id":78451,"structure_id":15468,"section_number":"6.2-1306","catch_line":"Unlawful use of words \"credit union.\"","url":"\/6.2-1306\/","token":"6.2\/II\/13\/1\/6.2-1306","metadata":false},{"id":74777,"structure_id":15468,"section_number":"6.2-1307","catch_line":"Use of credit union name, logo, or symbol for marketing purposes; penalty","url":"\/6.2-1307\/","token":"6.2\/II\/13\/1\/6.2-1307","metadata":false}],"previous_section":{"id":84320,"structure_id":15468,"section_number":"6.2-1300","catch_line":"Definitions","url":"\/6.2-1300\/","token":"6.2\/II\/13\/1\/6.2-1300","metadata":false},"next_section":{"id":85919,"structure_id":15468,"section_number":"6.2-1302","catch_line":"Powers","url":"\/6.2-1302\/","token":"6.2\/II\/13\/1\/6.2-1302","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1301\/","history_text":"<p>This law was first created in 1990. The record of its establishment is cataloged in chapter 373 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1990 \u201cActs\u201d aren\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1999, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?991+ful+CHAP0063\">63<\/a>; in 2010, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?101+ful+CHAP0794\">794<\/a>; in 2022, chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?221+ful+CHAP0675\">675<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?221+ful+CHAP0676\">676<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":264553,"object_type":"law","relational_id":79389,"identifier":"6.2-1301","token":"6.2\/II\/13\/1\/6.2-1301","url":"\/6.2-1301\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-1301\/","token":"6.2\/II\/13\/1\/6.2-1301","dublin_core":{"Title":"Effect of ownership of a share account","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1301","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Ownership of a <span class=\"dictionary\">share account<\/span> confers membership and voting rights as set forth in the <span class=\"dictionary\">credit union<\/span> bylaws and represents an interest in the <span class=\"dictionary\">capital<\/span> of the <span class=\"dictionary\">credit union<\/span> upon dissolution or conversion to another type of institution.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEFFECT OF OWNERSHIP OF A SHARE ACCOUNT (\u00a7 6.2-1301)\n\nOwnership of a share account confers membership and voting rights as set forth\nin the credit union bylaws and represents an interest in the capital of the\ncredit union upon dissolution or conversion to another type of institution.\n\nHISTORY: 1990, c. 373, \u00a7 6.1-225.2; 1999, c. 63; 2010, c. 794; 2022, cc. 675,\n676.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}