12 U.S.C. · Banks and Banking
12 U.S.C. § 1760

Members' meetings

Ch. 14 — FEDERAL CREDIT UNIONS
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 14
Statutory Text

12 U.S.C. § 1760 — Members' meetings

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 14 - FEDERAL CREDIT UNIONS SUBCHAPTER I - GENERAL PROVISIONS Sec. 1760 - Members' meetings From the U.S. Government Publishing Office, www.gpo.gov

§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 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.

(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

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".

Source: uscode.house.gov — public domain Official Source ↗
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