§412:10-115  Credit manager.  If thebylaws provide, the board of directors may appoint a credit manager in additionto or in lieu of a credit committee, subject to the direct supervision of thepresident of the credit union.  The president may also be the credit manager. The credit manager may approve or disapprove loan applications, subject towritten policies established by the board of directors. [L 1993, c 350, pt of§1]