Par Value Requirements Sample Clauses
The Par Value Requirements clause establishes the minimum nominal value at which shares of stock can be issued by a corporation. In practice, this clause ensures that each share is assigned a base value, often set by the company's charter, which cannot be undercut when issuing new shares. This requirement helps maintain a baseline for shareholder equity and prevents the dilution of share value, thereby protecting both the company and its investors from the risks associated with issuing shares at arbitrarily low prices.
Par Value Requirements. The Par Value of a membership share, which must be fully paid to become a member or maintain membership or to receive and maintain any accounts or services with us is set forth in the Schedule. The sum of your membership share shall be paid into and retained in your share savings or other appropriate account.
Par Value Requirements. The Par Value of a membership share, which must be fully paid to become a member or maintain membership or to receive and maintain any accounts or services with us is set forth in the Schedule. The sum of your membership share shall be paid into and retained in your share savings or other appropriate account. The par value is not considered available for withdraw; and does not show in your available funds. The par value can only be withdrawn upon an express request from you, but is otherwise available for payment of your obligations to us and others. WHAT DOES PALMETTO HEALTH CREDIT UNION DO WITH YOUR PERSONAL INFORMATION? FACTS Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. Why? What? The types of personal information we collect and share depend on the product or service you have with us. This information can include: Social Security number and account balances, transaction history and checking account information, payment history and income. When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share your personal information to run their everyday business. In the section below, we list the reasons financial companies can share your personal information; the reasons Palmetto Health Credit Union chooses to share; and whether you can limit this sharing. Reasons we can share your Does Palmetto Health Can you limit this sharing? personal information Credit Union share? For our everyday business purposes- such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus YES NO For our marketing purposes- to offer our products and services to you YES NO For joint marketing with other financial companies YES NO For our affiliates everyday business purposes- information about your transactions and experiences YES NO For our affiliates everyday business purposes-information about your creditworthiness NO NO For our affiliates to market to you NO NO For non-affiliates to market to you NO NO To Limit Sharing: • Call (▇▇▇) ▇▇▇-▇▇▇▇; • Visit us online at ▇▇▇.▇▇▇▇.▇▇▇ or; • Mail the form below to the address noted Please note: if you are a new member, we ...
Par Value Requirements. The Par Value of a membership share, which must be fully paid to become a member or maintain membership or to receive and maintain any accounts or services with us is $5.00. The sum of your membership share shall be paid into and retained in your share savings account. We may sweep funds from other share account(s) at Texans to maintain the minimum par value requirements in your share savings account. The par value is not considered available for withdraw, and does not show in your available funds. The par value can only be withdrawn upon an express request from you, but is otherwise available for payment of your obligations to us.
Par Value Requirements. The Par Value of a membership share, which must be fully paid to become a member or maintain membership or to receive and maintain any accounts or services with us is $25. The sum of your membership share shall be paid into and retained in your share savings account.