SECTION 180:10-3-4. Declaration of field of membership  


Latest version.
  • (a)   Each credit union must include in its bylaws a declaration regarding its field of membership, which shall be limited to one of the following categories:
    (1)   single common bond;
    (2)   multiple common bond; or
    (3)   community credit union.
    (b)   A credit union which amends its bylaws to change its field of membership must comply with the rules of this Title with respect to adding new members and retaining existing members.
[Source: Added at 18 Ok Reg 1105, eff 5-11-01]