<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="9-301" title_number="9" title_name="Savings and Loan Associations" subtitle_number="3" subtitle_name="Organization and Capitalization">
  <level label="a">
    <text>A member of a savings and loan association means a holder, as shown on the association’s records, of:</text>
    <level label="1">
      <text>One or more savings accounts, as to a mutual association; and</text>
    </level>
    <level label="2">
      <text>One or more shares of capital stock, as to a capital stock association.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>Multiple holders of a single account or share of capital stock shall be considered a single member.</text>
    </level>
    <level label="2">
      <text>Notice to one holder of a multiple name account or share of capital stock is sufficient notice to all holders.</text>
    </level>
  </level>
</section>
