7-9-17 - Membership officer -- Appointment -- Eligibility -- Function -- Appeals from.
7-9-17. Membership officer -- Appointment -- Eligibility -- Function -- Appealsfrom.
(1) One or more membership officers may be appointed by the board of directors.
(2) A membership officer may approve applications for membership under conditionsprescribed by the board of directors and the bylaws.
(3) A membership officer shall be appointed from among the members of the creditunion.
(4) A president, vice president, or loan officer may not serve as a membership officer.
(5) The membership officer authorized to approve membership shall submit to the boardof directors at each monthly meeting a list of approved or pending applications for membershipreceived since the previous monthly meeting, and other related information as the board or thebylaws may require.
(6) A person denied membership by a membership officer may appeal the denial to theboard of directors.
Enacted by Chapter 16, 1981 General Session