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§ 1760. —  Members' meetings.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC1760]

 
                       TITLE 12--BANKS AND BANKING
 
                    CHAPTER 14--FEDERAL CREDIT UNIONS
 
                    SUBCHAPTER I--GENERAL PROVISIONS
 
Sec. 1760. Members' meetings

    The fiscal year of all Federal credit unions shall end December 31. 
The annual meeting of each Federal credit union shall be held at such 
place as its bylaws shall prescribe. Special meetings may be held in the 
manner indicated in the bylaws. No member shall be entitled to vote by 
proxy, but a member other than a natural person may vote through an 
agent designated for the purpose. Irrespective of the number of shares 
held, no member shall have more than one vote.

(June 26, 1934, ch. 750, title I, Sec. 110, formerly Sec. 10, 48 Stat. 
1219; renumbered Sec. 11, Pub. L. 86-354, Sec. 1, Sept. 22, 1959, 73 
Stat. 631; amended Pub. L. 88-150, Sec. 1, Oct. 17, 1963, 77 Stat. 270; 
renumbered title I, Sec. 110, Pub. L. 91-468, Sec. 1(2), Oct. 19, 1970, 
84 Stat. 994; amended Pub. L. 97-320, title V, Sec. 519, Oct. 15, 1982, 
96 Stat. 1531.)


                               Amendments

    1982--Pub. L. 97-320 struck out ``at such time during the following 
January, February, or March and'' after ``shall be held'', and ``by 
him'' after ``shares held''.
    1963--Pub. L. 88-150 substituted ``during the following January, 
February, or March'' for ``during the month of the following January''.



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