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Section 11-42-103 - Contents of certificate - accounts — Colorado Law | CourtGPT
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  2. Laws/
  3. Colorado/
  4. Title 11 - Financial Institutions Banks and Industrial Banks (§§ 11-1-101 — 11-24-107)banking Code (§§ 11-1-101 — 11-11-101)/
  5. Savings and Loan Associations/
  6. Article 42 - Shares and Stock/
  7. Section 11-42-103 - Contents of certificate - accounts
Colorado Legal Code

Section 11-42-103 - Contents of certificate - accounts

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A share account shall be kept on the books of the association with each certificate holder showing the aggregate of all payments made, plus dividends paid in cash or credited. The aggregate of all payments made, plus dividends credited, less withdrawals, shall be termed the 'certificate value' or 'withdrawal value' of the account.L. 33: pp. 312-317, §§ 1-6. CSA: C. 25, § 19. L. 39: p. 248, § 19. L. 43: p. 202, § 4. CRS 53: § 122-3-3. L. 55: p. 762, § 7. C.R.S. 1963: § 122-3-3.