There is a newer version of the Maryland Code
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 6-330 - Officers


MD Fin Inst Code § 6-330 (2013) What's This?

§6-330.

(a) Within 15 days after the annual meeting of the members and after the directors-elect have qualified, the board shall meet and elect the officers of the credit union.

(b) Unless the bylaws provide otherwise:

(1) Each officer serves for a term of 1 year and until a successor is elected and qualifies; and

(2) The president shall be the chief executive officer who shall be responsible for the day to day operations of the credit union.

(c) Subject to the provisions of an enforceable employment contract, if any, the board may remove an officer at any time.

Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.