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Simple English definitions for legal terms

common-bond doctrine

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A quick definition of common-bond doctrine:

The common-bond doctrine is a rule that says people who want to join a credit union must have something in common, like working for the same company or living in the same area. This means that they can't just join because they want to be part of a credit union. They need to have a shared connection with other members.

A more thorough explanation:

The common-bond doctrine is a rule that requires individuals who want to become members of a credit union to share a common connection, such as working for the same company or living in the same community. This connection must be something other than just a desire to join the credit union.

For example, if a credit union is formed for employees of a particular company, only those employees would be eligible to join. Similarly, if a credit union is formed for residents of a particular neighborhood, only those residents would be eligible to join.

The common-bond doctrine helps credit unions maintain a sense of community and shared purpose among their members. By requiring members to have a common connection, credit unions can better serve the needs of their members and provide more personalized financial services.

common-authority rule | common business purpose

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Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
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