Section 6-327 - Director Emeritus.
§ 6-327. Director Emeritus.
(a) Advise and consult.- If the bylaws provide, a director emeritus may advise and consult with the board and aid the board in carrying out the board's duties and responsibilities.
(b) Bylaws.- The bylaws shall provide for:
(1) The number of directors emeriti; and
(2) The qualifications for a director emeritus.
(c) Qualifications.- A director emeritus:
(1) Shall be a member of the credit union; and
(2) May not be an officer or an official.
(d) Limitations.- A director emeritus may not:
(1) Participate in any board or committee deliberations;
(2) Make motions; or
(3) Vote on any matter before the board.
[2001, ch. 147, § 1; ch. 148, § 1.]