§ 81-13-65. Conversion from state to federal credit union and from federal to state credit union
A state credit union may be converted into a federal credit union by complying with the following requirements: The proposition for such conversion shall first be approved, and a date set for a vote thereon by the members, either at a regular meeting or a special meeting called for that purpose by a majority of […]
§ 81-13-69. Method of voting by members; special meetings; number of votes per member; proxies; matters subject to vote
The bylaws may provide for the taking of referendum votes by the membership upon questions coming before the membership; such voting to be by mail, or otherwise in writing or a combination of viva voce voting and writing. Special meetings of the members may be held by order of the board of directors or the […]
§ 81-13-71. Penal laws applicable
The making of a wilfully false affidavit to any statement, report or other document required by law in connection with the establishment or operating of a credit union shall be perjury and punishable as such, according to the general laws of the state and the embezzlement of any of the funds, securities or other property […]
§ 81-13-73. Record keeping
Each credit union shall keep sufficient books and accounts in such form as shall be approved by the Commissioner of Banking and Consumer Finance in accordance with the NCUA guidelines. However, any state credit union may cause any or all records, books and accounts at any time in its custody to be reproduced in a […]
§ 81-13-75. Conflicting laws repealed
All laws or parts of laws which otherwise would be in conflict with the provisions of this chapter are to be construed so as not to apply to credit unions to the extent that they would conflict with this chapter but nothing herein shall be taken as repealing any law of the state affecting or […]
§ 81-13-79. Merger of credit unions; certificate of merger; transfer of rights, assets and interests
Any credit union may, with the approval of the Commissioner of Banking and Consumer Finance or his successor, merge with another credit union under the existing charter of the other credit union, pursuant to any plan agreed upon by the majority of each board of directors of each credit union joining in the merger, and […]
§ 81-13-81. Approval of foreign credit unions
No credit union, except credit unions organized under the laws of the United States or under this chapter, shall do business in this state until it has received approval from the Commissioner of the Department of Banking and Consumer Finance. The commissioner may approve the operation of such a credit union in this state after […]
§ 81-13-57. Refunds to expelled or withdrawing members
All amounts paid in on shares of an expelled or withdrawing member with any dividends credited to his shares to the date of expulsion or withdrawal shall be paid to said member but only as funds therefor become available and after deducting any amounts due to the corporation by said member. All deposits of an […]
§ 81-13-58. Deposit in name of two or more persons; payments to successors of deceased depositors without administration
When a deposit has been made or is hereafter made in the name of two (2) or more persons, payable to any one (1) of those persons, or payable to any one (1) of those persons or the survivor, or payable to any one (1) of those persons or to the survivor or survivors, or […]
§ 81-13-59. Voluntary dissolution
At any meeting, called for the purpose, notice of the purpose being contained in the call, a majority of the entire membership may vote to dissolve the corporation and shall, thereupon signify their consent to such dissolution in writing and shall file such consent with the Commissioner of Banking and Consumer Finance, attested by a […]