Skip to main content

Florida Statutes Title XXXVIII. Banks and Banking § 657.0061. Amendments to bylaws

Current as of January 01, 2023 | Updated by FindLaw Staff

(1) All bylaw amendments must be submitted to the office. The office shall approve or disapprove bylaw amendments within 60 days after receipt. The office shall approve the proposed bylaw amendment unless it finds that the amendment:

(a) Is not in the best interest of the membership;

(b) Is not in accord with sound credit union practices;

(c) Exposes the assets of the credit union to unnecessary risks; or

(d) Is not in compliance with applicable statutes or rules.

(2) The commission may, by rule, allow certain bylaw amendments that are ministerial in nature to become effective immediately upon filing with the office.

Back to chapter list

Previous part of code Next part of code

Back to chapter list

Cite this article: FindLaw.com - Florida Statutes Title XXXVIII. Banks and Banking § 657.0061. Amendments to bylaws - last updated January 01, 2023 | https://codes.findlaw.com/fl/title-xxxviii-banks-and-banking/fl-st-sect-657-0061/

Read this complete Florida Statutes Title XXXVIII. Banks and Banking § 657.0061. Amendments to bylaws on Westlaw. Westlaw subscription required.

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Easy to understand

Solved my problem

Other

Missing the information I need

Too complicated / too many steps

Out of date

Other

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

Go to Learn About the Law

Learn About the Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to find an attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard