Louisiana Statutes

§ 17:1853 — Domicile, organization, and meetings of board

Louisiana·Title 17 Credit Union Law

§1853. Domicile, organization, and meetings of board

A.The board shall be domiciled in the city of Baton Rouge, parish of East Baton Rouge.
B.The members of the board shall elect from among their number a chairman and a vice-chairman and such other officers as they deem necessary, whose terms shall be as fixed by the board.
C.Nine members of the board shall constitute a quorum for the transaction of business and all official action of the board shall require the favorable vote of a majority of the members.
D.The board shall adopt rules for the transaction of its business and shall keep an accurate record of all of its proceedings and official actions. All papers, documents and records appertaining to the board shall be filed at the domicile of the board.
E.The board shall meet in Janu

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Legislative History

Acts 1974, Ex. Sess., No. 6, §1, eff. Jan. 1, 1975; Acts 2023, No. 6, §1.

Nearby Sections

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