2016 US Code
Title 12 - Banks and Banking
Chapter 31 - National Consumer Cooperative Bank
Subchapter I - Establishment and Operation
Sec. 3016 - Annual meetings; notice, agenda, etc.

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Citation 12 U.S.C. § 3016 (2016)
Section Name §3016. Annual meetings; notice, agenda, etc.
Section Text

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.

Source Credit

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

Publication Title United States Code, 2012 Edition, Supplement 4, Title 12 - BANKS AND BANKING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 12 - BANKS AND BANKING
CHAPTER 31 - NATIONAL CONSUMER COOPERATIVE BANK
SUBCHAPTER I - ESTABLISHMENT AND OPERATION
Sec. 3016 - Annual meetings; notice, agenda, etc.
Contains section 3016
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 92 Stat. 507
Public Law References Public Law 95-351
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