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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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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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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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Congressional Serial Set

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...
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Congressional Serial Set

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...
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Federal Credit Unions, Hearing Before a Subcommittee of 88-2 on S. 2161 and ...

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¿...
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Federal Credit Unions: Hearings Before a Subcommittee of the Committee on ...

United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Financial Institutions - 1964 - 38 pages
...which it is incorporated. ***** 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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Congressional Serial Set

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...
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United States Congressional Serial Set, Issues 12750-12751

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...
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Congressional Serial Set

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...
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Congressional Serial Set, Issues 13201-13210

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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