Code · BILL · 116th Congress · H.R. 5981 (Introduced in House) — To amend the Federal Credit Union Act to modify the frequency of board of directors meetings, and for other purposes. · Sec. 2

Sec. 2. Frequency of board of directors meetings

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Section 113 of the Federal Credit Union Act ( 12 U.S.C. 1761b ) is amended— by striking at least once a month and inserting not less than six times annually, with at least one meeting held during each fiscal quarter, ; and by striking monthly each place such term appears.

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U.S. Code

Board of directors; meetings; powers and duties; executive committee; membership officers; membership application
§ 1761b

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Sec. 2

Frequency of board of directors meetings

U.S.C.§ 1761b

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