Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-81. Meetings of members

(a) Meetings of the members of an association shall be held at such place within the Commonwealth as shall be fixed by the bylaws or by the board of directors pursuant to the bylaws, or if none is so fixed, at the principal place of business of the association.

(b) There shall be at least one annual meeting of members in each calendar year for the election of directors and any other business which members may present to that meeting. The time of such annual meeting shall be fixed by the bylaws or by the board of directors pursuant to the bylaws. If the annual meeting shall not be called and held within one month after the time designated in the bylaws or if the board of directors pursuant to the bylaws fails for a period of one month after the date they are required to fix the meeting, to so designate a time any member shall have the power to call upon the department to issue an order in the manner provided by law to compel the calling and holding of such meeting.

(c) Special meetings of the members may be called at any time by the president, by the board of directors, by the members entitled to cast at least one-fifth of the votes which all members are entitled to cast at the particular meeting or by such other officers or persons as the bylaws may provide. Upon the written request of a person or persons who are entitled to call a special meeting, the secretary shall fix a date of such meeting to be held not more than sixty days after receipt of the request and shall give due notice thereof. In the event of the secretary's failure within thirty days after the receipt of the request to fix the date or give the notice, the person or persons making the request shall have the power to call upon the department to issue an order to compel the calling and holding of such meeting.

(d) Any meeting may be adjourned for any period except that a meeting at which directors are to be elected may be adjourned only from day to day until such directors have been elected.