In order to simplify the organization of Federal credit unions the Board shall from time to time cause to be prepared a form of organization certificate and a form of bylaws, consistent with this chapter, which shall be used by Federal credit union incorporators, and shall be supplied to them on request. At the time of presenting the organization certificate the incorporators shall also submit proposed bylaws to the Board for its approval.
Notes of Decisions
Clifton Smith v. Dearborn Fin. Servs., Inc., 982 F.2d 976 (6th Cir. 1993).
“Standard bylaws which federal credit unions must adopt are set forth in 12 U.S.C. § 1758 and the regulations promulgated pursuant to it, 12 C.”
Cuenca v. Safeway San Francisco Employees Fed. Credit Union, 180 Cal. App. 3d 985 (Cal. Ct. App. 1986).
“) The National Credit Union Administration Board is charged with providing local credit unions with sample bylaws ( 12 U.S.C. § 1758 ), one set of which was apparently adopted by the Credit Union.”
Gene F. Barany v. John Buller, 670 F.2d 726 (7th Cir. 1982).
“The Bylaw, in turn, was promulgated by the NCUA pursuant to its authority under 12 U.S.C. § 1758 and adopted by the Credit Union at the time of its incorporation.”
Montford v. Robins Fed. Credit Union, 691 F. Supp. 347 (M.D. Ga. 1988).
“a form of bylaws, consistent with [the FCUA], which shall be used by Federal credit union incorporators____” 12 U.S.C.A. § 1758 (1980). The standard form bylaws are then adopted as regulations in the Code of Federal Regulations.”
Herbert v. Nat'l Credit Union Admin. Bd., 663 F. Supp. 833 (E.D. Mo. 1987).
· cites it 3× “12 U.S.C. § 1758 . Membership in a Federal credit union is "limited to groups having a common bond of occupation or association or to groups within a well-defined neighborhood, community or rural district.”
Bruns v. Nat'l Credit Union Admin., 122 F.3d 1251 (9th Cir. 1997).
“Section 1790b therefore does not support federal jurisdiction over Bruns’ claims against HAFCU or the other credit union defendants. 2. HAFCU By-laws Bruns argues that his complaint states a claim against the non-federal defendants for violating the HAFCU by-laws.”
Madias v. Dearborn Fed. Credit Union, 929 F. Supp. 1059 (E.D. Mich. 1996).
“With regard to the adoption of bylaws, 12 U.S.C. § 1758 provides: In order to simplify the organization of Federal credit unions the Board shall from time to time cause to be prepared a form of organization certificate and a form of bylaws, consistent with this Act, which shall…”
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