Alaska Stat. § 06.45.310 – Transfer of credit union's property to preferred creditor is void | Midpage
§ 06.45.310
Alaska Stat. § 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.