Florida § 657.023 - Membership.
Full text of Florida Florida Statutes § 657.023 — Membership., with citation guidance and answers to common questions.
§ 657.023. Membership.
(1) Upon payment of any required entrance or membership fee, payment of shares as required by the bylaws, and compliance with the bylaws, any person within the limited field of membership of a credit union may be admitted to its membership. (2) Members of the credit union shall not be personally or individually liable for payment of the debts of the credit union. (3) A credit union may close the account and terminate the membership of any member whose actions have resulted in any financial loss to the credit union or for good cause. (4) Denial of membership hereunder shall not be considered to be a denial of credit.
Frequently Asked Questions About Florida § 657.023
What does Florida Statutes § 657.023 cover?
Section 657.023 ("Membership.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 657.023?
A common citation format is "Florida Statutes § 657.023" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 657.023 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.