Arizona Statutes

§ 6-523 — Membership applications

Arizona·Title 6 Arizona Revised Statutes·Ch. 4 CREDIT UNIONS·Art. 4 Membership
A.The board of directors shall act on applications for membership or appoint one or more membership officers to approve applications for membership. A credit union may deny membership based on policies established by the board of directors. A person denied membership by a membership officer may appeal the denial to the board of directors within thirty days after the denial.
B.A credit union may impose onetime or periodic membership fees under the conditions the bylaws provide.

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