Nonstandard Bylaw Amendment

02-0242 / February 2002
Nonstandard Bylaw Amendment

SSIC 3700

TO: [redacted]

FROM: Sheila A. Albin, Associate General Counsel 

You have asked this office to review and comment on a nonstandard bylaw amendment submitted for approval by [redacted] Federal Credit Union. We have no legal concerns with an amendment that raises the maximum number of directors from 15 to 21. Federal Credit Union Bylaws, Article VI, Section 1.

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