(a) The articles of incorporation and the bylaws may be amended as provided in the bylaws.
(b)
(1) Amendments to the articles of incorporation and to the bylaws shall be submitted in writing to the State Credit Union Supervisor.
(2) Amendments shall become effective upon approval in writing by the supervisor and payment of the appropriate fee to the appropriate state agency.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
§ 23-35-301. Procedure for obtaining charter
§ 23-35-302. Amendments to articles of incorporation and bylaws
§ 23-35-303. Board of directors and committees generally
§ 23-35-304. Duties of board of directors
§ 23-35-305. Officers — Selection, term, and oath
§ 23-35-306. Credit committee — Loan officers
§ 23-35-307. Supervisory committee
§ 23-35-308. Compensation of officers, directors, committee members, and employees