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Section 23-35-611 - Records — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Arkansas/
  4. Title 23 - Public Utilities and Regulated Industries (§§ 23-1-101 — 23-119-105)/
  5. Subtitle 2 - Financial Institutions and Securities/
  6. Chapter 35 - Credit Unions Sub/
  7. Subchapter 6 - Operation/
  8. Section 23-35-611 - Records
Arkansas Legal Code

Section 23-35-611 - Records

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(a) All credit union records shall be kept for a period of five (5) years from the date of making them or from the date of the last entry thereon.(b) No credit union shall be required to make receipt for payment except as may be provided in the bylaws, nor shall it be necessary to endorse a note showing date of payments or balance due.Acts 1971, No. 132, § 32; A.S.A. 1947, § 67-932.