FEDERAL · 12 U.S.C. · Chapter 14
Members' meetings
Current through Pub. L. 119-102
The fiscal year of all Federal credit unions shall end December 31. The annual meeting of each Federal credit union shall be held at such place as its bylaws shall prescribe. Special meetings may be held in the manner indicated in the bylaws. No member shall be entitled to vote by proxy, but a member other than a natural person may vote through an agent designated for the purpose. Irrespective of the number of shares held, no member shall have more than one vote.
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12 U.S.C. § 1760 (Members' meetings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Clifton Smith v. Dearborn Financial Services, Inc., and Dearborn Federal Credit Union
982 F.2d 976 (Sixth Circuit, 1993)
Ridenour v. Andrews Federal Credit Union
897 F.2d 715 (Fourth Circuit, 1990)
Heiskala v. Johnson Space Center Federal Credit Union
474 F. Supp. 448 (S.D. Texas, 1979)
Credit Union National Association, Inc., and Navy Federal Credit Union v. American Institute of Certified Public Accountants, Inc.
832 F.2d 104 (Seventh Circuit, 1987)
La Caisse Populaire Ste-Marie (St. Mary's Bank) v. United States
425 F. Supp. 512 (D. New Hampshire, 1976)
Source Credit
History
(June 26, 1934, ch. 750, title I, §110, formerly §10, 48 Stat. 1219; renumbered §11, Pub. L. 86–354, §1, Sept. 22, 1959, 73 Stat. 631; amended Pub. L. 88–150, §1, Oct. 17, 1963, 77 Stat. 270; renumbered title I, §110, Pub. L. 91–468, §1(2), Oct. 19, 1970, 84 Stat. 994; amended Pub. L. 97–320, title V, §519, Oct. 15, 1982, 96 Stat. 1531.)
Editorial Notes
Editorial Notes
Amendments
1982—Pub. L. 97–320 struck out "at such time during the following January, February, or March and" after "shall be held", and "by him" after "shares held".
1963—Pub. L. 88–150 substituted "during the following January, February, or March" for "during the month of the following January".
Amendments
1982—Pub. L. 97–320 struck out "at such time during the following January, February, or March and" after "shall be held", and "by him" after "shares held".
1963—Pub. L. 88–150 substituted "during the following January, February, or March" for "during the month of the following January".