onecle - legal research

Court Opinions

State Laws

US Code

US Constitution

Expulsion and withdrawal - 17 Pa. Cons. Stat. § 705

Legal Research Home > Pennsylvania Statutes



     § 705.  Expulsion and withdrawal.
        (a)  Expulsion.--A member may be expelled:
            (1)  by a vote of a majority of the members present at a
        regular or a special meeting called to consider the matter at
        which a quorum, as provided in the bylaws, is present but
        only after a hearing after due notice to the member of the
        time and place of the meeting and of the reason or reasons
        for such proposed expulsion; or
            (2)  by a vote of a two-thirds majority of the board of
        directors present at a regular or special meeting called to
        consider the matter if:
                (i)  the board has given the member notice of the
            meeting and of the reason for proposed expulsion;
                (ii)  there is a quorum, as provided in the bylaws,
            present at the meeting; and
                (iii)  there is a hearing on the matter at the
            meeting.
        (b)  Withdrawal.--Any member may withdraw from the credit
     union at any time, but notice of withdrawal may be required.
Section:  Previous  515  516  517  701  702  703  704  705  706  707  708  709  710  711  712  Next

Last modified: November 27, 2007