(a) The governor shall appoint a seven-member credit union council. Each member shall be a resident of Kansas. Except as provided by subsection (b), appointments to the council shall be for terms
of three years. Five of the persons appointed shall be members in good standing and officers of
Kansas state chartered credit unions. Subject to the provisions of K.S.A. 75-4315c, and amendments thereto, of those five members, the governor shall appoint one from
each congressional district and the remainder from the state at large. The council shall elect annually a chairperson, a vice-chairperson and a secretary
for a term of one year or until their successors have been appointed and qualified. All members of the council shall serve until their successors have been appointed
and qualified. Kansas state chartered credit unions regulated under the provisions of this act
may submit annually to the governor, for consideration in making appointments to the
credit union council, a list of persons having the prescribed qualifications for membership
on the council. The council may adopt such rules and regulations governing the compilation of such
list as may be necessary. In the event of a vacancy on the council, the governor shall appoint a new member
to fill the unexpired term. The mid-term appointment of a new council member to serve an unexpired term created
by such a vacancy shall not be considered a full term for purposes of the two-term
limit. Except as otherwise provided, no person shall serve more than two consecutive full
three-year terms as a member of the council. No more than four members of the council shall be from the same political party.
(b) Members shall be appointed for terms of three years and serve until their successors
are appointed and qualified.
(c) Council meetings shall be on call of a majority of the council or the chairperson. The council shall hold one regular meeting during each quarter of the year, upon
such dates and at such places as designated by the council, and may hold such other
meetings as the council considers necessary. The majority of the council shall constitute a quorum for doing business. The council may adopt such rules as advisable for conducting business and, until
otherwise changed or modified, the council shall abide by Robert's rules of order
in conducting business.
(d) The council shall serve as an advisor to the administrator on issues and needs
of credit unions.
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