Tennessee Statutes
§ 45-4-1106 — Bylaws
Tennessee·Title 45
(a)The credit unions that adopt the articles of incorporation under § 45-4-1101 shall also subscribe and submit to the commissioner of financial institutions for approval, the initial bylaws under which the corporation shall operate.
(b)The bylaws may be amended at any regular meeting of the directors, or special meeting of the directors called for that purpose, by a vote of two-thirds (2/3) of the entire board.
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Legislative History
Acts 1974, ch. 577, § 6; T.C.A., § 45-1840; Acts 1986, ch. 558, § 5.
Nearby Sections
15
§ 45-1-101
Short title§ 45-1-103
General definitions§ 45-1-104
Department to execute laws§ 45-1-106
Salary of commissioner§ 45-1-107
Powers and duties of commissioner§ 45-1-109
Oaths of office§ 45-1-111
Limitation of personal liability§ 45-1-112
Official seal§ 45-1-113
Office facilities§ 45-1-116
Examiners - Employment and duties