Chapter 370 Credit Unions
- 370.005. Definitions.
- 370.006. Division of credit unions created--transfer--salary of director.
- 370.010. Credit union, how organized.
- 370.020. Certificate of organization, contents--membership shares, minimum, maximum par value.
- 370.030. Bylaws, contents.
- 370.040. Approval by director, certificate, provisional issuance, fee, examination.
- 370.050. Change of business location--notice--approval required.
- 370.060. Amendments to bylaws, effective when.
- 370.061. Credit union commission, created, members, term, compensation--credit union representative defined.
- 370.062. Duties.
- 370.063. Appeals--rules--nonseverability clause.
- 370.070. Powers of a credit union.
- 370.071. Additional powers of a credit union--membership fee allowed, when.
- 370.072. Safe deposit boxes, to have same rights, powers and duties as bank and trust companies.
- 370.073. Fee or service charge authorized.
- 370.075. Investment of credit union funds.
- 370.080. Membership of credit union, membership shares not to be pledged as security for loans.
- 370.081. Merger and consolidation of credit unions--additional member groups and geographic areas--appeals.
- 370.082. Retroactive applicability.
- 370.085. Membership shares, uses--valuation--withdrawal--redemption--dividends.
- 370.088. Branches required to be located in geographic area of the credit union.
- 370.090. Operation without having filed certificate of approval prohibited.
- 370.100. Supervisor--powers--qualifications--examiners and assistants.
- 370.107. Annual fee--how computed--division of credit unions fund, created, uses--salary schedule of division employees to be maintained.
- 370.110. Annual reports--when--penalty for late, inaccurate or incomplete.
- 370.120. Annual examination or audit report, exception--subpoena power.
- 370.121. Examination report to be sent to credit unions for corrections and suggestions before final--file to be maintained.
- 370.130. Penalty for noncompliance.
- 370.140. Director, cease and desist orders--grounds--hearing--procedure--review, temporary orders.
- 370.150. Director may order suspension, possession, reorganization, merger, consolidation, liquidation--when, procedure.
- 370.151. Reorganization--approval--procedure, failure--liquidation.
- 370.154. Powers of receiver.
- 370.156. Withdrawal applications voided, when.
- 370.157. Director may remove officers, hold elections.
- 370.158. Court may approve or modify reorganization or merger plan.
- 370.160. Fiscal year.
- 370.170. Meetings and special meetings, voting--proxies, when--action at meeting.
- 370.180. Board of directors, committees--election--terms--oath.
- 370.190. Directors to elect officers--duties established by board or bylaws.
- 370.200. Duties of board.
- 370.210. Compensation not allowed for board of directors--approval of other salaries required.
- 370.220. Duties of credit committee--credit manager authorized--delegation of loan authority--appeal from decision--extension of credit, when.
- 370.230. Powers and duties of supervisory committee.
- 370.235. Employees handling funds of credit union to give surety bond--duties of director.
- 370.240. Capital of credit unions.
- 370.250. Lien on shares, share certificates, deposits, share draft and checking accounts--effect.
- 370.260. Cancellation of shares--member to keep credit union informed of current address--locator service charge.
- 370.270. Entrance and transfer fees.
- 370.275. Trust accounts, requirements--beneficiaries' rights--payment a discharge of liability, when--death of trust account owner, procedure.
- 370.283. Minors may hold or release shares.
- 370.285. Retirement accounts and pension funds, authority to serve as trustee.
- 370.287. Jointly held shares, survival.
- 370.290. Power to borrow money from any source.
- 370.300. Loans, interest rate--charges--refunds to members.
- 370.310. Limitations on loans--installment loans--repayment--exceptions--loans to directors and committee members, limitation, report required.
- 370.320. Reserve fund, how created.
- 370.325. Reserves, amounts required, waived when, procedure.
- 370.328. Reserve fund distribution, when.
- 370.330. Dividends, when declared--how paid.
- 370.340. Expulsion and withdrawal of members, expelled member's right to hearing--refunds.
- 370.350. Dissolution of credit union, liquidation procedure, rulemaking authority, procedure, generally, this chapter.
- 370.351. Credit unions may merge--directors to approve plan, procedure.
- 370.352. Consolidation into new credit union--directors to approve plan.
- 370.353. Submission of plan to meeting of members or shareholders--notice.
- 370.354. Vote required for approval--director may approve, when.
- 370.355. Certificate of merger or consolidation, issued when--copies, where filed.
- 370.356. Shareholder may object to merger or consolidation, procedure--payment of value of shares.
- 370.357. Effect of merger or consolidation.
- 370.358. Foreign credit union may apply for certificate--transfer of domestic credit union to another state.
- 370.359. Conversion from state to federal or federal to state credit union, procedure.
- 370.360. Unauthorized use of words "credit union" a misdemeanor.
- 370.362. Insurance required, contents--failure to obtain or maintain, effect--exceptions--limitations of insurers.
- 370.365. Central credit union defined--how formed--fee, how determined.
- 370.366. Central credit union conversion, consolidation or merger with bank or trust company, when, requirements.
- 370.390. Foreign credit union may operate in state, requirements.
- 370.395. State employees, deductions from compensation authorized, requirements.
- 370.400. Credit union may act as custodian, when.