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Procedure for amendment of articles - 17 Pa. Cons. Stat. § 901

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                                CHAPTER 9
                          AMENDMENT OF ARTICLES

     Sec.
     901.  Procedure for amendment of articles.
     902.  Articles of amendment.
     903.  Filing and review of articles of amendment.
     904.  Place of business.

        Enactment.  Chapter 9 was added December 19, 1990, P.L.834,
     No.198, effective in two months.
     § 901.  Procedure for amendment of articles.
        The articles of incorporation may be amended at any regular
     or special meeting of the credit union, if written notice of the
     meeting and of the proposed amendment or amendments is furnished
     each member at least ten days prior to the meeting at which such
     amendment or amendments will be considered. Notwithstanding
     statutory provisions to the contrary, the articles of
     incorporation may alternatively be amended by the members
     through mail ballot voting as provided in the bylaws. Amendments
     to the articles of incorporation must be approved by a majority
     of the members present at any meeting at which the amendments
     are considered or, in the case of a mail ballot, by a majority
     of the members responding by mail ballot. The proposed
     amendments shall be acted upon only in the event a quorum of the
     members, as provided in the bylaws, is present or, in the case
     of a mail ballot vote, a number of returned mail ballots equal
     to the quorum of the members, as provided in the bylaws, exists.

Last modified: November 27, 2007