§ 1761a. Officers of the board
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/usc/title-12/section-1761aA 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.)
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Cited by 21 sections · top 17
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statutes-at-large
- Public Law 88–149
- Public Law 97–320To revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans
- Public Law 100–86To regulate nonbank banks, impose a moratorium on certain securities and insurance activities by banks, recapitalize the Federal Savings and Loan Insurance Corporation, allow emergency interstate bank acquisitions, streamline credit union operations, regulate consumer checkholds, and for other purpo
statute-compilations
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
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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