Article 11. CREDIT UNIONS  


Section 450. Incorporation; organization certificate
Section 450-A. Designation of low income credit union
Section 450-B. Designation of student branches
Section 451. Proposed bylaws
Section 452. When corporate existence begins; conditions precedent to commencing business
Section 453. Corporate credit unions
Section 454. General powers
Section 455. Trust powers
Section 456. Limitations upon powers
Section 457. Capital
Section 458-A. Maintenance of reserves
Section 459. Allowance for loan loss
Section 460. Dividends to shareholders; conditions precedent
Section 461. Change of location; establishment of stations; extension or revival of corporate existence
Section 462. Foreign credit unions
Section 463. Exemptions and individual liability of shareholders
Section 464. Manner of withdrawal; expulsion or suspension of members; effect upon liabilities to credit unions
Section 465. Withdrawal of shares after voting to liquidate; notices to shareholders
Section 466. Meetings of shareholders; voting
Section 467. Qualifications and disqualifications of directors and committee members
Section 468. Oaths of directors, officers and members of committees
Section 469. Vacancies; change in number of directors
Section 470. Powers and duties of directors; not entitled to compensation; disqualification of directors
Section 471. Duty of directors and officers
Section 472. Special duties of directors
Section 473. Loan officers, credit committee; duties
Section 474. Loan reports to directors
Section 475. Supervisory committee; powers and duties
Section 476. Officers; powers and duties
Section 477. Retirement and insurance benefits for officers and employees
Section 478. Amendment of bylaws; approval of superintendent
Section 479. Credit union not liable for taxation
Section 480. Fiscal year
Section 481. Communications from banking department must be submitted to directors and supervisory committee, and noted in the minutes
Section 482. Reports to superintendent; penalty for failure to make
Section 483. Penalty for loans to non-members; recovery
Section 484. Penalty for use of term "credit union"
Section 485. Entries in books; preservation of records
Section 486. Conversion of a federal credit union into a state credit union
Section 486-A. Retention of special additional mortgage recording tax exemption for converted federal credit unions
Section 487. Conversion of a credit union into a federal credit union
Section 487-A. Conversion of a credit union into a mutual savings bank