Illinois Compiled Statutes 205 ILCS 305 Illinois Credit Union Act. Section 36

    (205 ILCS 305/36) (from Ch. 17, par. 4437)

    Sec. 36. Calling of special meetings. The supervisory committee, by a majority vote, may, after written notice of its intended action is first given to the board of directors, and the Department, call a special meeting of the members to consider any violation of this Act, the credit union's articles of incorporation or bylaws, or any practice of the credit union deemed by the supervisory committee to be unsafe or unauthorized.

(Source: P.A. 97-133, eff. 1-1-12.)

Sections:  Previous  30  31  32  33  34  34.1  35  36  37  38  39  40  41  42  42.5  Next

Last modified: February 18, 2015