In order to simplify the organization of credit unions, the administrator of credit unions shall cause to be prepared a form of articles of incorporation and a form of bylaws, consistent with. Credit union is a cooperative, nonprofit association, incorporated under articles 14a to 14l of this chapter, for the purposes of encouraging thrift among its members, creating a source of credit. Below you will also find information on.
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Only one corporate credit union shall be incorporated under this article; In order to simplify the organization of credit unions, the administrator of credit unions shall cause to be prepared a form of articles of incorporation and a form of bylaws, consistent with. The administrator of credit unions shall cause every credit union formed under article 14a of this chapter to be examined once every 18 months or whenever the administrator deems it.
A legal written agreement that becomes binding when signed.
And no other credit union may use the term corporate credit union as.
