Indiana § 28-7-1-14 Fiscal year; membership meetings; voting rights

Indiana Statutes

§ 28-7-1-14 — Fiscal year; membership meetings; voting rights

Indiana § 28-7-1-14

Art. 7SPECIALIZED FINANCIAL INSTITUTIONS

Ch. 1Credit Unions

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Bluebook

Ind. Code § 28-7-1-14 (2026).

Text

A credit union fiscal year shall end at the
close of business on the thirty-first day of December. Special meetings
of the members of any credit union may be convened by order of the
board of directors or the supervisory committee, or by a petition of at
least ten per cent (10%) of the members. A member shall have one (1)
vote. The members may decide on any matter concerning the credit
union. The members may overrule the directors, and, by a three-fourths
(3/4) vote of those present, may amend the bylaws if the notice of the
meeting stated the proposed amendment.
Formerly: Acts 1961, c.182, s.14. As amended by P.L.263-1995,
SEC.11.

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A credit union fiscal year shall end at the
close of business on the thirty-first day of December. Special meetings
of the members of any credit union may be convened by order of the
board of directors or the supervisory committee, or by a petition of at
least ten per cent (10%) of the members. A member shall have one (1)
vote. The members may decide on any matter concerning the credit
union. The members may overrule the directors, and, by a three-fourths
(3/4) vote of those present, may amend the bylaws if the notice of the
meeting stated the proposed amendment.
Formerly: Acts 1961, c.182, s.14. As amended by P.L.263-1995,
SEC.11.