Georgia Code
Part 3 - Operation and Regulation
§ 7-1-661. Fiscal Year; Special Meetings of Members; Voting and Proxies

The credit union fiscal year shall end at the close of business on December 31. Special meetings of the members may be held by order of the directors or on written request of 10 percent of the members. At all meetings a member shall have but one vote. No member may vote by proxy; but a society, association, partnership, or corporation having membership in the credit union may be represented by one person duly authorized by said society, association, partnership, or corporation to represent it. At any meeting the members may decide on any matter of interest to the credit union and may overrule the board of directors, provided the notice of the meeting shall have stated the question to be considered.
History. Ga. L. 1925, p. 165, § 11; Code 1933, § 25-121; Code 1933, § 41A-3112, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1981, p. 1244, § 12.

Structure Georgia Code

Georgia Code

Title 7 - Banking and Finance

Chapter 1 - Financial Institutions

Article 3 - Credit Unions

Part 3 - Operation and Regulation

§ 7-1-650. Powers

§ 7-1-651. Membership; Shares

§ 7-1-651.1. In-Person Annual Meetings; Requirements for Remote Options; Impact of Emergency Declaration

§ 7-1-652. Joint, Minor, and Trust Shares and Deposits; Preferred Capital Base Shares

§ 7-1-653. Expulsions and Withdrawals; Disposition of Deposits, Interest, Shares, or Dividends; Reinstatement

§ 7-1-654. Capital; Right to Offset Loans, Dues, and Fines

§ 7-1-655. Boards of Directors; Credit and Audit Committees; Officers; Oaths of Officials; Removal From Office; Suspension of Member; Filling of Vacancies; Notification to Department of Change in President or Chief Executive Officer

§ 7-1-656. Duties of Directors; Meetings; Prohibited Activities; Eligibility to Vote; Applicability of Code Section 7-1-490; Appointment of Honorary Director or Director Emeritus

§ 7-1-657. Duties of Audit Committee; Inspections; Comprehensive Annual Audits; Use of Independent Accountants

§ 7-1-658. Loans

§ 7-1-659. Entrance Fees; Reserves; Exclusion of State and Federal Credit Union Reserves From Tax Calculations

§ 7-1-660. Dividends; Interest

§ 7-1-661. Fiscal Year; Special Meetings of Members; Voting and Proxies

§ 7-1-662. Taxes to Which Subject

§ 7-1-663. Rules and Regulations of Department

§ 7-1-664. Credit Union Equipment, Operations, and Locations

§ 7-1-665. Designation of Main Office; Operation of Branch Offices; Factors in Establishing Branches; Approval Process; Merger of Credit Unions

§ 7-1-666. Deposit Insurance Requirements; Public Notices When Deposits Not Properly Insured

§ 7-1-667. Mergers

§ 7-1-668. Conversion of State and Federal Credit Unions

§ 7-1-669. Central Credit Union

§ 7-1-671. “Federal Power” Defined; Construction With Federal Law; Notifications; Objections; Authority; Construction