August 22, 1985
FROM: Department of Legal Services
SUBJ: Request for amendment to Article VI, Section 7 of the Federal Credit Union Bylaws by [redacted]
REF : (a) [redacted] memo, [redacted] dated July 16, 1985; same subj., with enclosure
- This responds to reference (a) in which you request our opinion on the legality of a proposed bylaw amendment to increase the minimum age for holding elective/appointive office from 18 to 21.
- Neither the FCU Act nor the NCUA Rules and Regulations prohibit minimum age requirements for holding elective/appointive offices. Additionally, we find no other legal impediments to enacting the proposed amendment. It appears, therefore, that the issue involves a policy matter to which we defer to your Office.
- Please let us know if you require further input from this office.
STEVEN R. BISKER
Assistant General Counsel