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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. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xliv
by Michigan. Banking Division - 1926
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Oklahoma Session Laws

Oklahoma - 1923
...Oklahoma, 1921, is hereby amended to read as follows: Section 5611. The affairs of the Association shall be managed by a board of not less than five directors, elected annually by the members from their own number. The by-laws may provide that the territory in...
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Consumers' Cooperative Statutes and Decisions, to January 1, 1937: The ...

United States. Department of Labor. Consumers' Project - 1937 - 238 pages
...pursuant to an act of congress approved March 4, § 87. Directors; officers.—Every such corporation shall be managed by a board of not less than five directors. The directors shall be elected by and from the stockholders at such time and for such term as the bylaws...
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Legislative Calendar, Volume 73

United States. Congress. Senate. Committee on Finance - 1959 - 1116 pages
...shall have more than one vote. "MANAGEMENT "SEO. 12. The business affairs of a Federal credit union shall be managed by a board of not less than five directors, and a credit committee of not less than three members, all to be elected at the annual members' meeting...
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Consumers' Cooperative Statutes and Decisions, to January 1, 1937: The ...

United States. Department of Labor. Consumers' Project - 1937 - 240 pages
...144, §9; L. 1925, ch. 179, § 1.) § 5254. Directors and other officers.—Every such association shall be managed by a board of not less than five directors. The directors shall be elected by and from the stockholders of the association at such time and for...
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Hearings

United States. Congress. Senate. Committee on the District of Columbia - 1940 - 92 pages
...delegates to vote by mail. ARTICLE VII—DnmyroRs AND OFFICERS SEc. 1& DIBECTORS.—An association shall be managed by a board of not less than five directors, who shall be elected for a term fixed in the bylaws not to exceed three years, by and from the members of the association...
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District of Columbia Cooperative Associations: Hearings Before a ...

United States. Congress. Senate. District of Columbia - 1940 - 72 pages
...delegates to vote by mail. ARTIOLE VII—Dnu¿x¿ns AND OFTIcER5 SEc. 18. DnssCI'oRs.—An association shall be managed by a board of not less than five directors, who shall be elected for a term fixed in the bylaws not to exceed three years, by and from the members of the association...
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Legal Phases of Cooperative Associations

Lyman Spaulding Hulbert - 1942 - 490 pages
...association. (1922, c. 1, p. 1, § 11.) § S83f-12. Directors; election.—The affairs of the association shall be managed by a board of not less than five directors, elected by the members or stockholders from their own number. The by-laws may provide that the territory...
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General Corporation Laws

Michigan - 1927 - 156 pages
...this subdivision. (99) Sec. 13. Board of Directors, Number, etc.—Officers. Every such association shall be managed by a board of not less than five directors. The directors shall be elected by and from the stockholders of the association at such time and for...
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General Corporation Laws

Michigan - 1922 - 112 pages
...excepting as to provisions therein inconsistent with this subdivision. (99) SEC. 13. Every such association shall be managed by a board of not less than five directors. The directors shall be elected by and from the stockholders of the association at such time and for...
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Revised Edition of Laws Applicable to the United States Department ..., Volume 2

United States - 1945 - 1136 pages
...notes thereunder. § 1761. Management—Generally.—(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 (a...
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