2015 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 31 - National Consumer Cooperative Bank (Sections 3001 - 3051)
Subchapter I - Establishment and Operation (Sections 3011 - 3026)
Sec. 3016 - Annual meetings; notice, agenda, etc.

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 31 - NATIONAL CONSUMER COOPERATIVE BANK
SUBCHAPTER I - ESTABLISHMENT AND OPERATION
Sec. 3016 - Annual meetings; notice, agenda, etc.
Containssection 3016
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard
Source CreditPub. L. 95-351, title I, §106, Aug. 20, 1978, 92 Stat. 507.
Statutes at Large Reference92 Stat. 507
Public and Private LawPublic Law 95-351

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12 U.S.C. § 3016 (2015)
§3016. Annual meetings; notice, agenda, etc.

The Bank shall hold an annual meeting of its stockholders which shall be open to the public. At least 30 days' advance notice of the time and place of the annual meeting shall be given to all stockholders. Borrowers from the Bank shall also give notice of the meeting to their members, who shall be entitled to attend. At such meeting the Bank shall give a full report of its activities during the year and its financial condition and may present proposals for future action and other matters of general concern to borrowers and organizations eligible to borrow from the Bank. Members and representatives of borrowers may present motions or resolutions relating to matters within the scope of this chapter and may participate in the discussion thereof and other matters on the agenda.

(Pub. L. 95–351, title I, §106, Aug. 20, 1978, 92 Stat. 507.)

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