 | Michigan. Banking Division - 1927 - 528 pages
...transferred. Its general business conducted and the privileges granted to It by law exercised and enjoyed." Section 12 of the present law (Section 6101. Compiled...a board of not less than five directors who shall he elected by the stockholders." As the certificate filed by the Wayne County Savings Bank under section... | |
 | New Jersey - 1927 - 952 pages
...the same shall read as follows: 12. The affairs of every trust company shall be man- Management. aged by a board of not less than five directors, who shall be elected annually by the stockholders at their annual meeting as hereinafter provided. A majority of the Quorum,... | |
 | United States - 1927 - 612 pages
...this chapter. (8) The affairs of each National Agricultural Credit Corporation shall be managed by not less than five directors, who shall be elected by the stockholders at a meeting to be held at any time before the corporationis authorized by the Comptroller of the Currency... | |
 | United States. Congress. House. Committee on Banking and Currency - 1930 - 1056 pages
...Act No. 66, public acts of 1929, State of Michigan, effective April 19, 1929, provides— SEC. 14. The affairs of each bank shall be managed by a board of not less than five directors * * *. SEC. 15. The board of directors, or a quorum thereof, * * * shall meet at least once each month... | |
 | United States Congress. House. Banking and Currency Committee - 1930 - 1106 pages
...Act No. 66, Public Acts of 1929, State of Michigan, effective April 19, 1929, provides: " Sec. 14. The affairs of each bank shall be managed by a board of not less than five directors * * *. " SEC. 15. The board of directors, or a quorum thereof * * shall meet at least once each month... | |
 | United States. Congress. Senate. District of Columbia - 1931 - 88 pages
...the District of Columbia. MANAGEMENT SBC. 11. (a) GENERAL.—The business affairs of a credit union shall be managed by a board of not less than five directors, a credit committee of not less than three members, and a supervisory committee of three members, to... | |
 | United States. Congress. Senate. District of Columbia - 1932 - 60 pages
...the District of Columbia. MANAGEMENT Snc. 11. (a) GENERAL.—The business affairs of a credit union shall be managed by a board of not less than five directors, a credit committee of not less than three members, and a supervisory committee of three members, to... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1933 - 42 pages
...within which it is organized. MANAGEMENT SEC. 11. (a) The business affairs of a Federal Credit Union shall be managed by a board of not less than five directors, a credit committee of not less than three members, and a supervisory committee of three members, to... | |
 | United States. Farm Credit Administration - 1934 - 1032 pages
...48 Stat. 1219.) § 1761 Management—(a) Generally.—The business affairs of a Federal credit union shall be managed by a board of not less than five directors, a credit committee of not less than three members, and a supervisory committee of three members (a... | |
 | United States - 1971 - 402 pages
...of this title. (8) The affairs of each National Agricultural Credit Corporation shall be managed by not less than five directors, who shall be elected by the stockholders at a meeting to be held at any time before the corporation is authorized by the Comptroller of the... | |
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Section 12 of the present law (Section 6101. Compiled Laws of 1897 as amended) provides in part that the affairs of each bank shall be managed by a board of not less than five directors who shall be elected by the stockholders. 
