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12 U.S.C. § 1760 — Bylaws

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1760 — Bylaws

In order to simplify the organization of Federal credit unions the Board shall from time to time cause to be prepared a form of organization certificate and a form of bylaws, consistent with this chapter, which shall be used by Federal credit union incorporators, and shall be supplied to them on request. At the time of presenting the organization certificate the incorporators shall also submit proposed bylaws to the Board for its approval.

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Source file: Laws/federal/codes/united-states-code/title-12/section-1760-bylaws--b1295e64b3.md
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Source location: Title 12, Chapter 14, § 1760; chapter-014-federal-credit-unions.md

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1751 — Agent of Federal Reserve System

The facility is authorized to act upon the request of the Board of Governors of the Federal Reserve System as an agent of the Federal Reserve System in matters pertaining to credit unions under such terms and conditions as may be established by the Board of Governors of the Federal Reserve System.

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1752 — Short title

This chapter may be cited as the “Federal Credit Union Act”.

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1760 — Members’ meetings

Page 869 TITLE 12—BANKS AND BANKING § 1761 1970—Pub. L. 91–206 substituted ‘‘Administrator’’ for ‘‘Director’’. 1959—Pub. L. 86–354 substituted ‘‘persons’’ for ‘‘per- son’’ before ‘‘designated’’. 1946—Act July 31, 1946, inserted sentence at end per- mitting a Federal credit union to issue shares in joint tenancy with a right of survivorship. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1978 AMENDMENT Amendment by Pub. L. 95–630 effective on expiration of 120 days after Nov. 10, 1978, and transitional provi- sions, see section 509 of Pub. L. 95–630, set out as a note under section 1752 of this title. REPORT AND CONGRESSIONAL REVIEW REQUIREMENT FOR CERTAIN REGULATIONS Pub. L. 105–219, title II, § 205, Aug. 7, 1998, 112 Stat. 923, provided that: ‘‘A regulation prescribed by the Board [National Credit Union Administration Board] shall be treated as a major rule for purposes of chapter 8 of title 5, United States Code, if the regulation de- fines, or amends the definition of— ‘‘(1) the term ‘immediate family or household’ for purposes of section 109(e)(1) of the Federal Credit Union Act [12 U.S.C. 1759(e)(1)] (as added by section 101 of this Act); or ‘‘(2) the term ‘well-defined local community, neigh- borhood, or rural district’ for purposes of section 109(g) of the Federal Credit Union Act (as added by section 103 of this Act).’’ § 1760. Members’ meetings 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 meet- ings 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 per- son may vote through an agent designated for the purpo

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