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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 14— FEDERAL CREDIT UNIONS · SUBCHAPTER I— GENERAL PROVISIONS · § 1761a

§ 1761a. Officers of the board

528 words·~2 min read·/usc/title-12/section-1761a

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

At their first meeting after the annual meeting of the members, the directors shall elect from their number the board officers specified in the bylaws. Only one board officer may be compensated as an officer of the board and the bylaws shall specify such position as well as the specific duties of each of the board officers. The board shall elect from their number a financial officer who shall give adequate fidelity coverage in accordance with section 1761b(2) of this title.
(June 26, 1934, ch. 750, title I, § 112, formerly § 13, as added Pub. L. 86–354, § 1, Sept. 22, 1959, 73 Stat. 632; amended Pub. L. 88–150, § 2, Oct. 17, 1963, 77 Stat. 270; Pub. L. 91–206, § 2(1), Mar. 10, 1970, 84 Stat. 49; renumbered title I, § 112, Pub. L. 91–468, § 1(2), Oct. 19, 1970, 84 Stat. 994; amended Pub. L. 95–630, title V, § 502(b), Nov. 10, 1978, 92 Stat. 3681; Pub. L. 97–320, title V, § 521, Oct. 15, 1982, 96 Stat. 1531; Pub. L. 100–86, title VII, § 704(a), Aug. 10, 1987, 101 Stat. 652.)
Connections21 cite this · traces to 3
24 references not yet in our index
  • June 26, 1934, ch. 750
  • Pub. L. 86–354, § 1
  • 73 Stat. 632
  • Pub. L. 88–150, § 2
  • 77 Stat. 270
  • Pub. L. 91–206, § 2(1)
  • 84 Stat. 49
  • Pub. L. 91–468, § 1(2)
  • 84 Stat. 994
  • Pub. L. 95–630, title V, § 502(b)
  • 92 Stat. 3681
  • Pub. L. 97–320, title V, § 521
  • 96 Stat. 1531
  • Pub. L. 100–86, title VII, § 704(a)
  • 101 Stat. 652
  • act June 26, 1934, ch. 750
  • 48 Stat. 1219
  • Pub. L. 86–354
  • Pub. L. 100–86
  • Pub. L. 97–320
  • Pub. L. 95–630
  • Pub. L. 91–206
  • Pub. L. 88–150
  • section 509 of Pub. L. 95–630
Citation graph
cites case law
§ 1761a
Officers of the board
Fed. Reg.×17
Stat.×3
Stat. Comp.×1
ActJune 26, 1934, ch. 750
Pub. L.Pub. L. 86–354, § 1
Stat.73 Stat. 632
Pub. L.Pub. L. 88–150, § 2
Stat.77 Stat. 270
Cites 27 · showing 8Cited by 21 across 3 sources
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