insolvency of building and loan association

insolvency of building and loan association
Inability to satisfy the demands of members. Anno: 98 ALR 111; 13 Am J2d B & L Assoc § 101. Inability to pay back to members the amount of their contributions dollar for dollar. Rummens v Home Sav. & L. Asso. 182 Wash 539, 47 P2d 845, 100 ALR 570.

Ballentine's law dictionary. . 1998.

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