Sec. 125.404. LIENS AND SETOFFS. (a) To the extent of a member's direct or indirect indebtedness to a credit union, the credit union has: (1) a lien, enforceable with or without judicial process, on the member's shares and deposits, accumulated dividends, and interest; and (2) a right to set off against the member's shares, deposits, accumulated dividends, and interest. (b) A credit union may allow a withdrawal to be made without affecting the credit union's right to a setoff or lien.
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