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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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Circular

United States. Farm Credit Administration - 1934 - 1028 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...
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Federal Farm Loan Act, with Amendments and Farm Mortgage and Farm Credit Acts

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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Oklahoma Session Laws

Oklahoma - 1923 - 606 pages
...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 - 1136 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 - 74 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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