Code · BILL · 114th Congress · H.R. 5983 (Introduced in House) — To create hope and opportunity for consumers, investors, and entrepreneurs by ending bailouts and Too Big to Fail, ho... · Sec. 653

Sec. 653. National Credit Union Administration

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 102 of the Federal Credit Union Act ( 12 U.S.C. 1752a ) is amended— in subsection (b)(1)— by striking three and inserting five ; and by striking two and inserting three ; and by amending subsection

(c)to read as follows: The term of office of each member of the Board shall be five years, and the members shall serve staggered terms. Board members shall not be appointed to succeed themselves. Any Board member may continue to serve as such after the expiration of said member's term until a successor has qualified. .

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U.S. Code

National Credit Union Administration
§ 1752a

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Sec. 653

National Credit Union Administration

U.S.C.§ 1752a

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