§ 31407. Special membership meetings
(a) The supervisory committee by a majority vote may call a special meeting of the members to consider any violation of this part, any other law or regulation applicable to the credit union, the credit union’s articles of incorporation or bylaws, or any practice of the credit union deemed unsafe or unauthorized by the supervisory committee.
(b) The bylaws may also prescribe the manner in which a special meeting of the members may be called by the members or by the governing body, or both. (Added 2005, No. 16, § 1, eff. July 1, 2005.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 221 - Organization and Management of Credit Union
§ 31101. Application to organize
§ 31102. Issuance of certificate of approval; refusal to issue certificate of approval
§ 31103. Requirements to commence business; minimum initial share deposits; certificate of authority
§ 31104. Submission to Secretary of State
§ 31105. Payment of share deposits
§ 31106. Certificate to commence business; insurance; bond
§ 31107. Failure to commence business
§ 31108. Amendment to articles of incorporation
§ 31201. Bylaws; amendment of bylaws
§ 31301. Number and election of directors
§ 31302. Duties of governing body
§ 31304. Meetings of governing body
§ 31306. Supervisory committee
§ 31307. Credit committee; credit manager
§ 31308. Duties of officers, directors, and committee members
§ 31309. Oaths of office; certificate of election
§ 31310. Prohibited management interlocks
§ 31311. Suspension and removal
§ 31314. Compensation; insurance; expenses
§ 31402. Membership application
§ 31404. Membership termination
§ 31405. Suspension of services
§ 31407. Special membership meetings
§ 31408. Notice to members of annual and special meeting
§ 31502. Regular reserve account
§ 31503. Allowance for loan and lease loss
§ 31504. Unrealized gain or loss on available for sale securities
§ 31505. Additional or special reserves