Florida § 657.0061 Amendments to bylaws

Florida Statutes

§ 657.0061 — Amendments to bylaws

Florida § 657.0061

TitleXXXVIII

Ch. 657CREDIT UNIONS

This text of Florida § 657.0061 (Amendments to bylaws) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 657.0061 (2026).

Text

(1)All bylaw amendments must be submitted to the office. The office shall approve or disapprove bylaw amendments within 60 days after receipt. The office shall approve the proposed bylaw amendment unless it finds that the amendment:

(a)Is not in the best interest of the membership;

(b)Is not in accord with sound credit union practices;

(c)Exposes the assets of the credit union to unnecessary risks; or (d) Is not in compliance with applicable statutes or rules.

(2)The commission may, by rule, allow certain bylaw amendments that are ministerial in nature to become effective immediately upon filing with the office.

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(1) All bylaw amendments must be submitted to the office. The office shall approve or disapprove bylaw amendments within 60 days after receipt. The office shall approve the proposed bylaw amendment unless it finds that the amendment: (a) Is not in the best interest of the membership; (b) Is not in accord with sound credit union practices; (c) Exposes the assets of the credit union to unnecessary risks; or (d) Is not in compliance with applicable statutes or rules.

(2) The commission may, by rule, allow certain bylaw amendments that are ministerial in nature to become effective immediately upon filing with the office.