32-2-209. Notice of meetings.
32-2-209. Notice of meetings. (1) At least 30 days prior to any annual or special meeting of any association, a notice stating the time and place of the meeting must be deposited in the post office at the principal place of business of the association, directed to each member or stockholder at the member's or stockholder's address as the address appears at the time on the books of the association and, when deposited, postage prepaid, is considered a legal and sufficient notice of any meeting.
(2) In addition to the notice in subsection (1), notice may be given by four consecutive weekly publications in a newspaper published in the county where the association has its principal place of business. The publication is complete on the day of the fourth publication.
(3) In notices of special meetings there must be attached to and accompanying the notice a statement of any matter or matters to be considered at the meeting.
(4) All members or stockholders of the association are entitled to vote at the meetings in person or by proxy.
History: En. Sec. 10, Ch. 57, L. 1927; re-en. Sec. 6355.11, R.C.M. 1935; R.C.M. 1947, 7-111; amd. Sec. 6, Ch. 5, L. 1983; amd. Sec. 1029, Ch. 56, L. 2009.