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2017 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
CHAPTER 26 - SOUTH CAROLINA CREDIT UNION ACT
Section 34-26-580. Special meetings; grounds and proceedings.
Universal Citation: SC Code § 34-26-580 (2017)
(1) The supervisory committee by a majority vote may call a special meeting of the members to consider any violation of this chapter, the credit union's articles of incorporation or bylaws, or any practice of the credit union deemed by the supervisory committee to be unsafe or unauthorized.
(2) The bylaws may also prescribe the manner in which a special meeting of the members may be called by the members or by the board of directors, or both.
HISTORY: 1996 Act No. 371, Section 1, eff May 29, 1996.
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