(2) If a vacancy occurring in the board reduces the number of directors to five or fewer, the board shall fill the vacancy until a successor elected at the next annual meeting has qualified.
(3) The board shall also fill vacancies in the credit and supervisory committees or in the office of credit manager. [1975 c.652 §27; 2005 c.95 §6]
Structure 2021 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Section 723.001 - Definitions.
Section 723.012 - Organization procedure; articles of incorporation; bylaws; fee; rules.
Section 723.014 - Denial of certificate of approval.
Section 723.022 - Amendment of articles and bylaws; fee; rules.
Section 723.032 - Places of business; mobile facilities.
Section 723.042 - Interstate credit unions.
Section 723.106 - Reports; late filing penalty; rules.
Section 723.112 - Examinations.
Section 723.114 - Annual fees paid by credit unions; rules.
Section 723.118 - Disclosure of records of department; exemptions.
Section 723.122 - Bond or letter of credit; rules.
Section 723.152 - General powers; rules.
Section 723.156 - Exercise of powers of federal credit union.
Section 723.172 - Credit union membership; rules.
Section 723.196 - Meeting of members; mail or electronic ballots.
Section 723.202 - Withdrawal and expulsion of members; request for reinstatement.
Section 723.252 - Election of directors and appointment of credit committee and credit manager.
Section 723.276 - Executive officers.
Section 723.296 - Duties of directors; delegation of duties.
Section 723.312 - Loan officers.
Section 723.322 - Duties of supervisory committee; verification of member accounts; rules.
Section 723.326 - Suspension and removal of officials; restrictions on service as director.
Section 723.412 - Deposit and deposit certificate accounts; interest; priority.
Section 723.434 - Share draft accounts.
Section 723.460 - Reduction in shares.
Section 723.466 - Disposition of deposit on death of depositor.
Section 723.474 - Definitions for ORS 723.474 to 723.498.
Section 723.478 - Ownership of multiple-party accounts.
Section 723.488 - Joint account; payment to any party to account; payment to others.
Section 723.512 - Loan limit; exception.
Section 723.526 - Other loan programs.
Section 723.532 - Loans to credit union officials; waiver; rules.
Section 723.572 - Insurance for members.
Section 723.582 - Share and deposit insurance.
Section 723.602 - Investment of funds; rules.
Section 723.631 - Regular reserve; reserve for loan losses; rules.
Section 723.636 - Charges to regular reserve.
Section 723.646 - Special reserves; purpose.
Section 723.672 - Suspension; revocation of charter.
Section 723.676 - Liquidation.
Section 723.682 - Merger; opposition to merger.
Section 723.686 - Conversion of charter.
Section 723.716 - Additional rights and powers.
Section 723.730 - Corporate central credit union; membership; rights and powers; rules.
Section 723.816 - Prohibited acts.
Section 723.822 - Cease and desist orders; contents; effective date; removal or suspension.
Section 723.830 - Regulation of services performed for credit union.
Section 723.836 - Effect of amendment or repeal of Oregon Credit Union Act.