Section 14103 Of Article 1. Incorporation And Bylaws From California Financial Code >> Division 5. >> Chapter 2. >> Article 1.
14103
. The bylaws shall prescribe the manner in which the business
of the credit union shall be conducted with reference to the
following matters:
(a) The purpose of the credit union.
(b) The qualification for membership.
(c) Determination of the month, time and place of the annual
meeting; the manner of conducting meetings; the method by which
members shall be notified of meetings; and the number of members
which shall constitute a quorum.
(d) The authorized number of directors, the number of directors
necessary to constitute a quorum, and the powers and duties of
officers elected by the directors.
(e) The membership, powers, and duties of the supervisory
committee.
(f) The membership, powers, and duties of the credit committee or
if applicable, the general powers, responsibilities and duties of the
credit manager.
(g) The manner in which the bylaws may be amended.