Tennessee Statutes
§ 45-4-201 — Election of directors - Terms
Tennessee·Title 45
(a)At an annual meeting, the members shall elect a board of directors. The directors shall be members of the credit union. All members of the board of directors and all officers shall hold their several offices for the terms that may be provided in the bylaws.
(b)Upon their election, the names of the members of the board of directors shall be entered in the minutes of the meeting at which they are elected, and filed in the permanent records of the credit union.
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Legislative History
Acts 1923, ch. 68, § 11; Shan. Supp., § 2198a16; Code 1932, § 3844; Acts 1937, ch. 264, § 7; C. Supp. 1950, § 3844; T.C.A. (orig. ed.), § 45-1812; Acts 1980, ch. 559, § 2; 1985, ch. 17, § 1; 1989, ch. 223, § 2.
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