There is a newer version of the New Hampshire Revised Statutes
2013 New Hampshire Revised Statutes
Title XXXV - BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Chapter 386-A - INCORPORATION OF SAVINGS BANKS
Section 386-A:12 - Organization.
NH Rev Stat § 386-A:12 (2013) What's This?
386-A:12 Organization. – At such first meeting, or at any adjournment thereof, the incorporators shall organize by the election by ballot of a temporary clerk, by the adoption of bylaws and by the election, in such manner as the bylaws shall prescribe, of a president, a clerk of the corporation, a treasurer, a board of not less than 7 trustees or directors, and other officers, as the bylaws may prescribe. All the officers, trustees or directors so elected shall be sworn to the faithful performance of their duties. The temporary clerk shall make and attest a record of the proceedings until the clerk has been elected and sworn, including a record of the election and the qualification of the clerk. The bylaws shall specify the number required to make a quorum at all meetings, shall provide for voting by proxy, and shall contain provisions for future amendments.
Source. 1965, 279:1, eff. Sept. 4, 1965.
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