Section 394-B:28 Elections and Appointments.

The business and affairs of a credit union shall be managed by a board of not less than 5 directors elected by the members, a credit committee, if established, of not less than 3 members appointed by the board of directors, and a supervisory committee of 3 members to be elected by the members at the annual meeting.

Source. 1983, 195:1. 1993, 213:3, eff. Jan. 1, 1994.