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Financial Institutions Act | |
Utah Credit Union Act | |
Section 17 | Membership officer -- Appointment -- Eligibility -- Function -- Appeals from. |
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7-9-17. Membership officer -- Appointment -- Eligibility -- Function -- Appeals
from. (1) One or more membership officers may be appointed by the board of directors. (2) A membership officer may approve applications for membership under conditions prescribed by the board of directors and the bylaws. (3) A membership officer shall be appointed from among the members of the credit union. (4) A president, vice president, or loan officer may not serve as a membership officer. (5) The membership officer authorized to approve membership shall submit to the board of directors at each monthly meeting a list of approved or pending applications for membership received since the previous monthly meeting, and other related information as the board or the bylaws may require. (6) A person denied membership by a membership officer may appeal the denial to the board of directors.
Enacted by Chapter 16, 1981 General Session |
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