SECTION 180:10-1-7. Bylaw amendments  


Latest version.
  • (a)   Requests for approval of amendments to a credit union's bylaws must be submitted in writing at least two (2) weeks in advance of the Board's regularly scheduled meeting.
    (b)   The form of the amendment for which approval is requested should be as follows:
    (1)   For each amendment, the provisions as currently contained in the bylaws should be typed in their present form.
    (2)   These should then be lightly crossed out and immediately below should be the requested bylaw language change.
    (c)   The amendment is to be accompanied by a detailed explanation as to reason and effect, and other pertinent data, if requested by the Department.
[Source: Amended at 18 Ok Reg 1105, eff 5-11-01; Amended at 26 Ok Reg 1413, eff 6-11-09]