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" The affairs of the Association shall be managed by a Board of not less than five directors, elected by the members or stockholders from their own number. "
Federal Credit Unions: Hearings Before a Subcommittee of the Committee on ... - Seite 11
von United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Financial Institutions - 1964 - 24 Seiten
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Laws

Illinois - 1923 - 714 Seiten
...place of business of the association. § 12. DIRECTORS — ELECTION. The affairs of the association shall be managed by a board of not less than five directors, elected by the members or stockholders from their own number. The by-laws may provide that the territory...
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General Laws of the State of Idaho ...

Idaho - 1921 - 648 Seiten
...place of business of the Association. SEC. 12. DIRECTORS— ELECTION. The affairs of the Association shall be managed by a Board of not less than five directors, elected by the members or stockholders from their own number. The By-Laws may provide that the territory...
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American Electrical Cases (cited Am Electl. Cas.): Being a ..., Band 5

William Weeks Morrill - 1896 - 970 Seiten
...authorized it to be increased to $2,000,000. The third section directs that the affairs of the company shall be managed by a board of not less than five directors, etc. The fourth section authorized books of subscription for the capital stock to be opened in St....
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American Electrical Cases (cited Am Electl. Cas.): Being a ..., Band 5

William Weeks Morrill - 1896 - 942 Seiten
...authorized it to be increased to $2,000,000. The third section directs that the affairs of the company shall be managed by a board of not less than five directors, etc. The fourth section authorized books of subscription for the capital stock to be opened in St....
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The Laws of New Jersey Relating to Banks and Banking, Trust Companies and ...

James Brooks Dill, New Jersey. Department of Banking and Insurance - 1899 - 98 Seiten
...transact the business of a bank or trust company. 5. Directors. The affairs of every safe deposit company shall be managed by a board of not less than five directors, a majority of whom shall at all times be residents of the state of New Jersey, who shall be elected...
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New Jersey as a Colony and as a State: One of the Original Thirteen, Band 4

Francis Bazley Lee - 1902 - 468 Seiten
...that seven or more persons of full age may become a banking corporation. The affairs of every bank shall be managed by a board of not less than five directors, a majority of whom shall at all times be residents of the State of New Jersey. They shall be elected...
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Trust Companies: Their Organization, Growth and Management

Clay Herrick - 1909 - 500 Seiten
...times during business hours to the inspection of any stockholder. The affairs of every trust company shall be managed by a board of not less than five directors, elected annually. A majority of the Board constitutes a quorum; provided that if the number of directors...
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The Revised Statutes of Saskatchewan, 1909: Proclaimed and Published ..., Band 1

Saskatchewan - 1911 - 1334 Seiten
...and mortgage the same at pleasure. 1908. c. 31, a. 5. DIRECTORS. 6. The affairs of every such society ation of such time or on the receipt of an intimation from t the society may by bylaw fix the number of the directors which shall be necessary to form a quorum....
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Session Laws

South Dakota - 1913 - 796 Seiten
...of shares it is divided into, and the par value of each. § 3. Every such corporation or association shall be managed by a board, of not less than five directors, to be elected by and from the stockholders of the association, at such time, and for such term of office...
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Annual Report of the Attorney General of the State of Michigan

Michigan. Attorney General's Office, Michigan. Department of Attorney General - 1913 - 724 Seiten
...law (Section 6101, Compiled Laws of 1897 as amended) provides in part that "the affairs of each bank shall be managed by a board of not less than five directors who shall be elected by the stockholders." As the certificate filed by the Wayne County Savings Bank...
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