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The Florida Senate

2010 Florida Statutes

F.S. 289.061

Membership duration; withdrawal.

Membership in the corporation shall be for the duration of the corporation; provided, that upon written notice given to the corporation 5 years in advance, a member may withdraw from membership in the corporation at the expiration date of such notice. A member shall not be obligated to make any loans to the corporation pursuant to calls made subsequent to notice of the intended withdrawal of said member.


s. 6, ch. 61-177.