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  • PART I ADMINISTRATION OF THE GOVERNMENT
  • TITLE XXII CORPORATIONS
  • CHAPTER 170 CO–OPERATIVE BANKS

Section 1 - Definitions

Section 1A - Repealed, 2014, 482, Sec. 55

Section 2 - Powers

Section 3 - Change of corporate name

Section 4 - Capital structure upon incorporation

Section 5 - Formation of co-operative bank; powers, privileges and duties related to corporations; agreement of association

Section 6 - Notice of intention to form co-operative bank; application for certificate

Section 7 - First meeting of incorporators

Section 8 - Articles of organization; certificate of incorporation

Section 9 - List of stockholders; issuance of certificate authorizing corporation to begin transaction of business

Section 10 - Applicability of sections to mutual banks and to stock banks

Section 11 - By-laws of mutual bank; notice of regular and special meetings of shareholders; meetings of board of directors

Section 12 - Members; voting rights

Section 13 - Board of directors; clerk; directors and officers; records of meetings

Section 14 - Security committee; audit committee

Section 15 - Treasurer and assistant treasurer; duties

Section 16 - Adoption of by-laws; regulations controlling assignment and transfer of shares; quorum

Section 17 - Stockholder voting; votes by proxy

Section 18 - Board of directors of co-operative bank; executive committee

Section 19 - Election of officers

Section 19A - Repealed, 2014, 482, Sec. 55

Section 20 - Action without meeting

Section 20A - Repealed, 2014, 48, Sec. 55

Section 21 - Cooperative banks employees retirement association

Section 22 - By-laws of cooperative banks employees retirement association

Section 23 - Exemption of cooperative banks employees retirement association property and funds from taxation, operation of law relating to insolvency, attachment and execution; assignment of rights

Section 24 - Co-operative banks employees benefit association

Section 25 - By-laws of co-operative banks employees benefit association

Section 26 - Exemption of co-operative banks employees benefit association property from taxation, operation of law relating to insolvency, attachment and execution; assignment of rights

Section 26Ato35 - Repealed, 2014, 482, Sec. 55