Encyclopedia

Voluntary share contribution


Voluntary share contribution - a share contribution voluntarily paid by a member of a credit cooperative (shareholder) to the credit cooperative in addition to the mandatory share contribution, if the possibility and procedure for its payment are provided for in the charter of the credit cooperative1;

  1. Federal Law No. 190-FZ dated July 18, 2009 "On Credit Cooperation", as amended on July 18, 2009, Article 1, subpara. 12 // RSZ RF. 2009. No. 29. Art. 3627. ↩