clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search		 search for:
clear space
white space
Session Laws, 1975
Volume 716, Page 1847   View pdf image
 Jump to  
   << PREVIOUS  NEXT >>
clear space clear space clear space white space

MARVIN MANDEL, Governor

1847

THE BOARD OF DIRECTORS SHALL DETERMINE THE NUMBER OF
MEMBERS ON THE SUPERVISORY COMMITTEE, BUT THE COMMITTEE
SHALL HAVE AT LEAST THREE AND NOT MORE THAN SEVEN
MEMBERS.

(C)       QUALIFICATIONS.

(1)    EACH MEMBER OF THE SUPERVISORY COMMITTEE
SHALL BE A MEMBER OF THE CREDIT UNION.

(2)   ONE MEMBER OF THE SUPERVISORY COMMITTEE
MAY BE A DIRECTOR OTHER THAN THE TREASURER.

(3)   A MEMBER OF THE SUPERVISORY COMMITTEE MAY
NOT BE A MEMBER OF THE CREDIT COMMITTEE OR AN EMPLOYEE OF
THE CREDIT UNION.

(D)   TENURE.

A MEMBER OF THE SUPERVISORY COMMITTEE SHALL SERVE
FOR ONE YEAR AND UNTIL HIS SUCCESSOR IS APPOINTED AND
QUALIFIES.

REVISOR'S NOTE: This section presently appears as
Art. 11, §145(e).

The only changes are in style.

6-321. CREDIT COMMITTEE.

(A)   APPOINTMENT.

THE BOARD OF DIRECTORS OF A CREDIT UNION SHALL
APPOINT THE MEMBERS OF ITS CREDIT COMMITTEE.

(B)   NUMBER.

THE BOARD OF DIRECTORS SHALL DETERMINE THE NUMBER OF
MEMBERS ON THE CREDIT COMMITTEE, BUT THE COMMITTEE SHALL
HAVE AT LEAST THREE AND NOT MORE THAN SEVEN MEMBERS.

(C)   QUALIFICATIONS.

(1)   EACH MEMBER OF THE CREDIT COMMITTEE SHALL
BE A MEMBER OF THE CREDIT UNION.

(2)   ONE MEMBER OF THE CREDIT COMMITTEE MAY BE
A DIRECTOR OTHER THAN THE TREASURER.

(D)   TENURE.

A MEMBER OF THE CREDIT COMMITTEE SHALL SERVE FOR ONE
YEAR AND UNTIL HIS SUCCESSOR IS APPOINTED AND QUALIFIES.

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1975
Volume 716, Page 1847   View pdf image
 Jump to  
   << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.

Tell Us What You Think About the Maryland State Archives Website!

An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  Cannot perform flastmod(): Win32 Error Code = 2

Maryland State Archives