(a) The annual meeting, and any special meetings, of the members of the District credit union shall be held in accordance with the District credit union's bylaws.
(b) There shall be no voting by proxy, except on the election of the board of directors, proposals for merger, or proposals for voluntary dissolution. All voting on the election of directors shall be by ballot, but when there is no contest, written ballots need not be cast. A member may vote by absentee ballot, mail ballot, or other method if the bylaws so provide.
(c) A member who is less than 18 years of age may not vote or hold office in the District credit union.
(d) An organization having membership in a District credit union may be represented and have its vote cast by an officer of the organization or a designated agent authorized by the organization's governing body. A copy of the authorization shall be provided to the District credit union before a vote is cast by a designated agent of the organization.
(May 6, 2020, D.C. Law 23-86, § 409, 67 DCR 3476.)
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Subchapter I - Credit Union Act of 2020
Part D - Credit Union Membership
§ 26–504.02. Organizations that qualify for District credit union membership
§ 26–504.03. Service to low-income consumers
§ 26–504.04. School service facilities
§ 26–504.05. Retention of membership
§ 26–504.06. Liability of members
§ 26–504.07. Termination of membership
§ 26–504.08. Suspension of services