Nonstandard Bylaw Amendment

03-0127 / January 2003
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 Federal Credit Union. We have no legal concerns with an amendment that increases the required number of in-person board meetings from annually to quarterly. FCU Bylaws, Article VI, Section 5.

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