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2005 Vermont Code - Chapter 221 — ORGANIZATION AND MANAGEMENT OF CREDIT UNION (contains §§ 31101 – 31706)
- § 31101. — Application to organize
- § 31102. — Issuance of certificate of approval; refusal to issue certificate of approval
- § 31103. — Requirements to commence business; minimum initial share deposits; certificate of authority
- § 31104. — Submission to secretary of state
- § 31105. — Payment of share deposits
- § 31106. — Certificate to commence business; insurance; bond
- § 31107. — Failure to commence business
- § 31108. — Amendment to articles of incorporation
- § 31201. — Bylaws; amendment of bylaws
- § 31202. — Credit union name
- § 31301. — Number and election of directors
- § 31302. — Duties of governing body
- § 31303. — Executive committee
- § 31304. — Meetings of governing body
- § 31305. — Officers
- § 31306. — Supervisory committee
- § 31307. — Credit committee; credit manager
- § 31308. — Duties of officers, directors, and committee members
- § 31309. — Oaths of office; certificate of election
- § 31310. — Prohibited management interlocks
- § 31311. — Suspension and removal
- § 31312. — Vacancies
- § 31313. — Conflict of interest
- § 31314. — Compensation; insurance; expenses
- § 31401. — Field of membership
- § 31402. — Membership application
- § 31403. — Liability of members
- § 31404. — Membership termination
- § 31405. — Suspension of services
- § 31406. — Meetings of members
- § 31407. — Special membership meetings
- § 31408. — Notice to members of annual and special meeting
- § 31501. — Net worth
- § 31502. — Regular reserve account
- § 31503. — Allowance for loan and lease loss
- § 31504. — Unrealized gain or loss on available for sale securities
- § 31505. — Additional or special reserves
- § 31506. — Dividends to shareholders; conditions precedent
- § 31507. — Standards
- § 31601. — Share insurance
- § 31602. — Bonds and insurance
- § 31701. — General application
- § 31702. — Organization
- § 31703. — Membership
- § 31704. — Purposes
- § 31705. — Powers
- § 31706. — Reserves
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