Section 469. Vacancies; change in number of directors  


Latest version.
  • 1. Vacancies in the
      board of directors, supervisory  committee,  or  the  credit  committee,
      occasioned  by resignations, deaths or other causes shall be reported by
      each credit union to the superintendent within ten days after the event;
      and the credit union shall likewise report  the  filling  of  each  such
      vacancy  with the name, address and occupation of the person elected and
      the name of the person whose place he is to fill.
        2. The number of directors may be changed within the  limits  provided
      in subdivision four of section four hundred fifty-one of this article by
      amendment of the bylaws.