§412:10-111  Voting.  (a)  Personseligible to vote at a credit union meeting shall be:

(1)  A member for at least three months; provided,that during the first twelve months of the existence of the credit union, thisrequirement shall not apply; and

(2)  In compliance with all other voting requirementsas provided by the bylaws.

(b)  Each member shall have only one vote,regardless of the number or type of shares of the credit union such memberowns.  A credit union member other than a natural person may vote through anagent designated for the purpose.

(c)  No member shall be entitled to vote byproxy.

(d)  Notwithstanding anything in this section,credit unions may, if the bylaws of the credit union so provide, conductelections by mail or allow voting by absentee ballot; provided that all ballotsshall be signed by the voting member and shall be valid only for the designatedmeeting.

(e)  The board of directors may establish aminimum age, not greater than eighteen years of age, as a qualification ofeligibility to vote at meetings of the members or to hold office, or both. [L1993, c 350, pt of §1]