Lien on Shares. The Co-op shall have a lien on a member’s shares for a debt or any other amount whatsoever due to the Co-op by the member and the lien will extend to the proceeds of any redemption or sales of the shares.
Appears in 2 contracts
Sources: Rules of Sunkatchers r.v. Park Co Operative, Rules of a Housing Cooperative
Lien on Shares. The Co-op shall have a lien on a member’s shares Shares for a debt or any other amount whatsoever due to the Co-op by the member and the lien will extend to the proceeds of any redemption or sales of the sharesShares.
Appears in 2 contracts
Sources: Rules of Byrne Creek Housing Co Operative, Rules of Cooperative Housing Association
Lien on Shares. The Co-op shall have a lien on a member’s shares Shares for a debt or any other amount whatsoever due to the Co-op by the member and the lien will extend to the proceeds of any redemption or sales of the sharesShares.
Appears in 1 contract