B. Accounts are:

1. 1. Withdrawable and subject to enforced retirement as provided in this article. This chapter does not prevent the withdrawal of funds from an association by negotiable or nonnegotiable order.
2. 2. Entitled to dividends as provided in this article.
3. 3. Nonassessable for either debts or losses of the association.

4. 4. Issued on such plan or plans of payment and in such series or classes as the bylaws may provide, which plan or plans of payment may include:

   1. (a) Regular installment plan with agreed weekly or monthly payments, with dividends credited to or in behalf of the account until the ultimate value agreed on in the subscription is reached.
   2. (b) Full paid plan with one single payment of $100 per unit and dividends payable in cash unless by agreement credited to the account.
   3. (c) Prepaid plan with one single payment in such amount per unit as is set forth in the bylaws and dividends credited to such account until the ultimate value of $100 per unit is reached.
   4. (d) Optional plan with payments in such amount or amounts and at such times as the holder may elect and dividends credited to such account unless by agreement payable in cash.
   5. (e) Any other plan of payment which the deputy director may approve as conforming to sound savings and loan practice.