 | 1959 - 1372 pages
...member. MEMBERS' MEETINGS MANAGEMENT SEC. [11.] 12. [(a)] 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 members... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1959 - 90 pages
...(12 USC 1761(a)) is amended to read as follows: “(a) 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... | |
 | 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 - 1602 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 - 1558 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 - 1716 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 - 1348 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... | |
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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. 
