Alaska Statutes: AS 06.45.310. Transfer of Credit Union's Property to Preferred Creditor is Void.

Alaska Statutes. Title 6. Banks and Financial Institutions Chapter 45. Alaska Credit Union Act Section 310. Transfer of Credit Union's Property to Preferred Creditor is Void.

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AS 06.45.310. Transfer of Credit Union's Property to Preferred Creditor is Void.

The transfer of property, money, or assets by a credit union after it becomes insolvent, to prefer one creditor over another, or to prevent the equal distribution of its property and assets among its creditors is void.

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