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This entry was published on 2014-09-22
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SECTION 481
Communications from department of financial services must be submitted to directors and supervisory committee, and noted in the minutes
Banking (BNK) CHAPTER 2, ARTICLE 11
§ 481. Communications from department of financial services must be
submitted to directors and supervisory committee, and noted in the
minutes. Every official communication as defined in article two of this
chapter directed to a credit union shall be submitted to both the board
of directors and the supervisory committee at the next meeting of each
such board or committee and duly noted in the minutes of the meeting of
such board or committee.