§ 36a-440a — Meetings.

Connecticut § 36a-440a

• Jurisdiction: Connecticut
• Title 36a: The Banking Law of Connecticut
• Ch. 667: Credit Unions

Text

(a) A Connecticut credit union shall hold an annual meeting as provided in its bylaws. Special meetings of members shall be held as provided in the bylaws and shall be called by the governing board at the request of a majority of the governing board, at the written request of the supervisory committee, or ten per cent of the members of the credit union or such lesser percentage of such members as provided in the bylaws. (b) Notice of each annual or special meeting shall be given to each member in writing, which may include electronic means, by the secretary at least ten days prior to the annual or special meeting. In the case of a special meeting, the notice shall clearly state the purpose of the meeting and the matters that will be considered. (c) (1) Each member in good standing shall have a single vote at all meetings notwithstanding the number of shares or number of accounts that such member holds. (2) A member may not vote or hold office if the member is less than eighteen years of age. (3) Unless provided otherwise in the bylaws, a member entitled to vote may vote in person, by proxy, by electronic means or by mail ballot.

Legislative History

(P.A. 02-73, S. 41; P.A. 18-117, S. 3.) History: P.A. 18-117 amended Subsec. (b) by adding “, which may include electronic means,” and amended Subsec. (c)(3) by adding “, by electronic means”.