Nonstandard Bylaw Amendment

89-0607 / June 1989
Nonstandard Bylaw Amendment



FROM: Assistant General Counsel
Hattie M. Ulan

SUBJ: [redacted] Nonstandard Bylaw Amendment
(Your May 23, 1989, Memo)

DATE: June 7, 1989

You have asked that we comment on a proposed nonstandard bylaw amendment submitted by [redacted]. The proposed amendment to Article VI, Section 2, of the FCU Bylaws provides for the distribution of ballots prior to the opening of the annual meeting and for nominations by petition since the Credit Union does not want nominations from the floor. In addition, the Credit Union will also adopt the standard amendments to Article V, Section 2, and Article VI, Section 1. As you point out, this is necessary before the proposed nonstandard bylaw amendment can be approved. we have no objection to the approval of the proposed nonstandard amendment and the course of action you propose.


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