South Carolina Statutes

§ 34-26-580 — Special meetings; grounds and proceedings.

South Carolina·Title 34 BANKING, FINANCIAL INSTITUTIONS AND MONEY·Ch. 26 SOUTH CAROLINA CREDIT UNION ACT
(1)The supervisory committee by a majority vote may call a special meeting of the members to consider any violation of this chapter, the credit union's articles of incorporation or bylaws, or any practice of the credit union deemed by the supervisory committee to be unsafe or unauthorized.
(2)The bylaws may also prescribe the manner in which a special meeting of the members may be called by the members or by the board of directors, or both.

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Legislative History

HISTORY: 1996 Act No. 371, SECTION 1, eff May 29, 1996. ARTICLE 6 Direction of Affairs

Nearby Sections

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