The commissioner shall cause to be prepared a standard form of bylaws, consistent with this article, to be issued to all credit unions. All credit unions shall operate under the standard bylaws; except that each such credit union, subject to the approval of the commissioner, shall propose its own name, its field of membership, the number of members of its board of directors, its credit committee, its supervisory committee, provisions relative to times and places of meetings of the membership and of the board of directors, provisions relative to the conduct of elections and balloting of the credit union, and modifications of the standard bylaws deemed appropriate by the board of directors for the operation of the individual credit union. Any and all amendments to the bylaws shall be approved by the commissioner before they become operative.
Source: L. 31: p. 297, § 2. CSA: C. 47, § 2. L. 41: p. 371, § 2. CRS 53: § 38-1-2. C.R.S. 1963: § 38-1-2. L. 67: p. 316, § 2. L. 84: Entire section amended, p. 372, § 1, effective July 1.
Structure Colorado Code
Title 11 - Financial Institutions
Article 30 - Credit Unions - General Provisions
§ 11-30-101. Definitions - Organization - Charter - Investigation
§ 11-30-101.7. Hearing Procedures for Community Field of Membership Credit Unions
§ 11-30-102. Bylaws of Credit Unions
§ 11-30-105. Exclusive Right to Use "Credit Union" in Title
§ 11-30-105. Exclusive Right to Use "Credit Union" in Title
§ 11-30-106. Examinations - Reports - Powers of Commissioner
§ 11-30-106.5. Assessment of Civil Money Penalties
§ 11-30-107. Fiscal Year - Meetings
§ 11-30-109. Directors and Officers - Compensation
§ 11-30-110. Credit Committee - Credit Officer
§ 11-30-111. Supervisory Committee
§ 11-30-115. Power to Borrow and Loan Money
§ 11-30-117.5. Share Insurance Required - Confidentiality
§ 11-30-119. Expulsion or Withdrawal of Members
§ 11-30-120. Suspension - Liquidation - Procedures
§ 11-30-120.5. Conversion - State to Federal Credit Union - Federal to State Credit Union
§ 11-30-121. Change in Place of Business
§ 11-30-124. Transfer of Functions - Conforming of Statutes
§ 11-30-125. Notice of Branch Opening and Closing
§ 11-30-126. Trust Account - Limited Documentation Required - Certificate of Trust