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 be
entitled to at least one vote. A borrowing member not delinquent shall be
permitted as a borrower to cast one vote or to cast the number of votes to
which he is entitled as a shareholder in keeping with the provisions of the
bylaws.

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