 | United States. Congress. Senate. Committee on Banking and Currency - 1959 - 88 pages
...shall have more than one vote. "MANAGEMENT "SEC. 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... | |
 | 1963 - 1590 pages
...the District of Columbia. [MANAGEMENT [SEC. 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 commjttee of three members, to... | |
 | United States. Congress. Senate. Banking and Currency Committee - 1964 - 34 pages
...shall, as such, be compensated. * * * * * * * SEC. 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¿... | |
 | 1964 - 1726 pages
...to providing such service; and MANAGEMENT ' SEC. 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... | |
 | 1969 - 1550 pages
...member shall have more than one vote. MANAGEMENT SEC. 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... | |
 | 1970 - 1726 pages
...have more than one vote. MANAGEMENT SEC. [12.] 111. 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... | |
 | 1978 - 1354 pages
...shall have more than one vote. MANAGEMENT SEC. 111. 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... | |
 | Illinois - 1923 - 718 pages
...principal place of business of the association. § 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... | |
 | Illinois - 1915 - 810 pages
...of the shareholders, it is not required for the use of the association. § 7. Every such association shall be managed by a board of not less than five directors. The directors shall be elected by and from the shareholders of the association at such time and for... | |
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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. 
