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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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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 - 1138 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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Revised Edition of Laws Applicable to the United States Department ..., Volume 1

United States, United States. Department of Agriculture. Office of the Solicitor - 1945 - 930 pages
...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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Revised Edition of Laws Applicable to the United States Department ..., Volume 1

United States - 1945 - 744 pages
...notes thereunder. § 1701. 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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Hearings

United States. Congress. Senate. Committee on the District of Columbia - 1931 - 1632 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...
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Study of Banking Laws: Legislative Recommendations of the Federal ...

United States. Congress. Senate. Committee on Banking and Currency - 1956 - 238 pages
...Existing law “SEc. 11. MANAGEMENT.—(a) GENERALLY.—ThC 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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Study of Banking Laws, Hearing Before ..., 84:2 ....

United States. Congress. Senate. Committee on Banking and Currency - 1956 - 468 pages
...Existing law “SEC. 11. 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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Study of Banking Laws: Hearings Before the United States Senate ..., Parts 1-2

United States. Congress. Senate. Banking and Currency Committee, United States. Congress. Senate. Committee on Banking and Currency - 1956 - 1110 pages
...law "SEC. 11. MANAGEMENT.—(a) GENERALLY.—The business affairs of a Federfc • ^^ credit union shall be managed by a board of not less than five directors, a committee of not less than three members, and a supervisory committee of thrfcmembers (a majority...
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Federal Credit Unions: Hearings Before Subcommittee No.3 of ... , 86-1, May ...

United States Congress. House. Banking and Currency Committee - 1959 - 172 pages
...,A¿ct, sec. 11(a)) See. 5(a). “(a) [Generally] 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, (and a -- - - supervisory committee of three...
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United States Congressional Serial Set, Issue 12152

1959 - 1410 pages
...prescribe— [(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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