N.H. Admin. Code § Ban 1107.01 - Amendments to Credit Union Bylaws

(a) A state credit union seeking to amend its bylaws shall file an application with the commissioner in writing requesting authorization to amend by providing:

(1) A certified copy of the current bylaws conspicuously labeled "Current Bylaws";

(2) An annotated copy of the proposed amended bylaws clearly setting forth the deletions and additions to the current bylaws conspicuously labeled "Annotated Bylaws"; and

(3) A certified copy of the vote of the state credit union's board of directors authorizing the amendment.

(b) The commissioner shall approve an application and the proposed amendments if the bylaws:

(1) Comply with the applicable provisions of RSA 383-A and 383-E; and

(2) Are approved in accordance with Ban 1107.02, if seeking a change in membership qualifications.

(c) Upon receipt of the commissioner's approval of the bylaw amendment application, the state credit union shall provide the commissioner with a certified copy of the revised bylaws.

Notes

N.H. Admin. Code § Ban 1107.01

#8486, eff 11-11-05; ss by #10524, eff 2-20-14

Amended by Number 24, Filed June 13, 2024, Proposed by #13993, Effective 6/1/2024, Expires 6/1/2034.