The credit union shall have a lien on the shares, deposits and accumulated dividends or interest of a member in his individual, joint or trust account, for any sum past due the credit union from said member or for any loan endorsed by him.
N.C. Gen. Stat. § 54-109.59
Liens
Applied in 1 court decision — leading case Petersen v. State Employees Credit Union (In Re Kittrell) (1990)
Most recently applied in Petersen v. State Employees Credit Union (In Re Kittrell) (May 1990)
1915, c. 115, s. 13; C.S., s. 5226; 1925, c. 73, s. 3; 1935, c. 87; 1965, c. 956, ss. 16, 17; 1975, c. 538, s. 1.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.