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

译员黎川，在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译，专注翻译各种与澳大利亚业务有关的法律文件。