When the director takes charge of a credit union, all notices or applications of members for withdrawal of shares theretofore filed shall thereafter be of no force and effect; and any distribution to members of capital shall be pro rata to the participation value of their shares.
Mo. Rev. Stat. § 370.156
Withdrawal applications voided, when
Effective: 28 Aug 1967; (L. 1967 p. 509)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.