Utah Statutes
§ 7-9-12 — Contents of bylaws.
The bylaws of a credit union shall specify at least the following:
(1)the name of the credit union;
(2)the purpose for which the credit union was formed;
(3)a field of membership of the credit union that complies with Section 7-9-51 or 7-9-53;
(4)the number of directors and procedures for their election;
(5)the term of directors;
(6)whether a credit manager, credit committee, or combination of both shall be responsible for credit functions of the credit union;
(7)the duties of the officers;
(8)the time of year of the annual meeting of members;
(9)the manner in which members shall be notified of meetings;
(10)the number of members which shall constitute a quorum at meetings;
(11)the manner of amending;
(12)the manner in which officers may act as surety; and
(13)such other matte
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Related
Utah Bankers Ass'n v. Utah Department of Financial Institutions
888 P.2d 714 (Court of Appeals of Utah, 1994)
Legislative History
Amended by Chapter 327, 2003 General Session
Nearby Sections
15
§ 7-1-1001
Definitions -- Written consent or court order for disclosure by financial institution -- Exception.§ 7-1-1005
Admissibility of information restricted.§ 7-1-1007
Liability of financial institutions.§ 7-1-101
Title.§ 7-1-103
Definitions.§ 7-1-103.5
Control.