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" 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 - 1922
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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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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: 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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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: 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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Federal Credit Union Act: Hearing Before the Committee on Banking and ...

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...
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Federal Credit Union Act, Hearing Before ..., 86-1 on S.1786, S.1985, and H ...

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...
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