17-5305

Chapter 17.--CORPORATIONS
Article 53.--SAVINGS AND LOAN CODE; MANAGEMENT

      17-5305.   Voting rights of shareholders and borrowers.In the determination of all questions requiring action by the members,the bylaws shall govern: Provided, That each shareholder shall beentitled to at least one vote. A borrowing member not delinquent shall bepermitted as a borrower to cast one vote or to cast the number of votes towhich he is entitled as a shareholder in keeping with the provisions of thebylaws.

      History:   L. 1943, ch. 133, § 34; July 1.