§412:10-104  Articles and bylaws.  (a) The applicants shall file with the commissioner proposed articles ofassociation and bylaws as a part of the application for organization.

(b)  The articles of association shall contain,but shall not be limited to the following provisions:

(1)  Name and location of the proposed credit union;

(2)  Name and addresses of the chartering applicantsand the number of shares subscribed by each;

(3)  Proposed field of membership, specified indetail; and

(4)  Term of the existence of the credit union, whichmay be perpetual.

(c)  The bylaws shall contain provisions forthe general government of the credit union which are consistent with therequirements of this article.

(d)  In order to simplify the organization ofcredit unions, the commissioner shall cause to be prepared model articles ofassociation and bylaws, consistent with this article, which may be used bycredit union organizers for their guidance.  Such articles of association andbylaws shall be available to persons desiring to organize a credit union. [L1993, c 350, pt of §1]