18A:11-5 - Effective date of amendments to charter, constitution, bylaws, rules or regulations of association; disapproval of amendments
18A:11-5. Effective date of amendments to charter, constitution, bylaws, rules or regulations of association; disapproval of amendments Any amendment to the charter, constitution, bylaws, rules or regulations of the association shall be effective not less than 20 days after its submission to the commissioner. No such amendment shall take effect if the commissioner in said 20-day period returns to the secretary of the association his disapproval of the amendment.
L.1979, c. 172, s. 4, eff. Aug. 23, 1979.