New York § 469 Vacancies; change in number of directors

New York Statutes

§ 469 — Vacancies; change in number of directors

New York § 469

Law BNKBanking

Art. 11Credit Unions

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Bluebook

N.Y. Banking § 469 (2026).

Text

§ 469. Vacancies; change in number of directors.

1.Vacancies in the\nboard of directors, supervisory committee, or the credit committee,\noccasioned by resignations, deaths or other causes shall be reported by\neach credit union to the superintendent within ten days after the event;\nand the credit union shall likewise report the filling of each such\nvacancy with the name, address and occupation of the person elected and\nthe name of the person whose place he is to fill.\n 2. The number of directors may be changed within the limits provided\nin subdivision four of section four hundred fifty-one of this article by\namendment of the bylaws.\n

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§ 469. Vacancies; change in number of directors. 1. Vacancies in the\nboard of directors, supervisory committee, or the credit committee,\noccasioned by resignations, deaths or other causes shall be reported by\neach credit union to the superintendent within ten days after the event;\nand the credit union shall likewise report the filling of each such\nvacancy with the name, address and occupation of the person elected and\nthe name of the person whose place he is to fill.\n 2. The number of directors may be changed within the limits provided\nin subdivision four of section four hundred fifty-one of this article by\namendment of the bylaws.\n