Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 180. Oklahoma State Credit Union Board |
Chapter 10. Supervision, Regulation and Administration |
Subchapter 3. New Credit Unions, Mergers, Conversions and Field of Membership |
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.