common bond doctrine

common-bond doctrine. The rule that prospective members of a credit union must share some connection (such as common employment) other than a desire to create a credit union. [Cases: Building and Loan Associations

6. C.J.S. Building and Loan Associations, Savings and Loan Associations, and Credit Unions §§ 31–32, 45.]

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词条贡献者

法律翻译Celia，毕业于新加坡知名法学院，专注翻译各类与酒店、博彩及休闲有关的法律文件。