Chapter 19-5. Credit Unions
Section
19-5-1“Credit union” defined.19-5-2Incorporation.19-5-3Membership of credit unions.19-5-4Contents of bylaws.19-5-5Shares or deposits held jointly.19-5-6Demand deposits.19-5-7Voting rights.19-5-8Election and terms of directors.19-5-9Appointments and terms of supervisory committee members.19-5-10Credit committee.19-5-11Duplication of office prohibited — Oaths of office — Record of qualification.19-5-12Powers and duties of directors.19-5-13Loan applications.19-5-14Powers and duties of supervisory committee.19-5-15Investment of funds — Powers.19-5-15.1Purchase, sale and pledge of eligible obligations and assets.19-5-16Maximum aggregate liability of one person or company.19-5-17Compensation or loans to officers.19-5-18Expulsion of members.19-5-19Dividends.19-5-20Regular reserve.19-5-21Destruction of records.19-5-22Tax on deposits.19-5-23Conversion.19-5-24Merger.19-5-25Exercise of same powers as federal credit unions.19-5-26Liquidity reserves.19-5-27Interstate credit unions.19-5-28Severability.19-5-29Savings promotion raffle.