Tennessee § 45-4-201 Election of directors - Terms

Tennessee Statutes

§ 45-4-201 — Election of directors - Terms

Tennessee § 45-4-201

Title45

This text of Tennessee § 45-4-201 (Election of directors - Terms) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 45-4-201 (2026).

Text

(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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(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.

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.