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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>79389</law_id><section_number>6.2-1301</section_number><catch_line>Effect of ownership of a share account</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="6.2">Financial Institutions and Services</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Depository Institutions and Trust Organizations</unit><unit label="chapter" level="3" order_by="1" identifier="13">Credit Unions</unit><unit label="article" level="4" order_by="1" identifier="1">General Provisions</unit></structure><text>
						<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></text><history>1990, c. 373, &#xA7; 6.1-225.2; 1999, c. 63; 2010, c. 794; 2022, cc. 675, 676.</history><metadata></metadata></law>
