Chapter 4. CREDIT UNIONS  


Article 1. General Provisions
Sec 6-501. Definitions
Sec 6-502. Reports and examinations
Sec 6-503. Accounting and records
Sec 6-504. Advertising
Article 2. Formation of Credit Union
Sec 6-506. Organization procedure
Sec 6-507. Certificate of approval; filing with corporation commission; certificate of incorporation
Sec 6-508. Certificate of organization and bylaws
Sec 6-509. Exclusive use of name; exception
Sec 6-510. Principal place of business; branch office; automated teller machines
Sec 6-511. Out-of-state credit union
Sec 6-512. Fiscal year
Article 3. Powers of Credit Union
Sec 6-516. General powers
Sec 6-517. Federal parity
Article 4. Membership
Sec 6-521. Membership
Sec 6-522. Organization members
Sec 6-523. Membership applications
Sec 6-524. Termination of membership
Sec 6-525. Meetings of members
Sec 6-526. Calling of special meetings
Sec 6-527. Liability of members
Article 5. Direction of Affairs
Sec 6-531. Authority and responsibility of directors; voting
Sec 6-532. Election of board
Sec 6-533. Compensation of officials
Sec 6-534. Conflicts of interest
Sec 6-535. Officers
Sec 6-536. Executive committee
Sec 6-537. Certain duties of directors; insurance
Sec 6-538. Credit committee
Sec 6-539. Credit manager
Sec 6-540. Loan officers
Sec 6-541. Audits
Sec 6-542. Suspension and removal of officials
Article 6. Accounts
Sec 6-551. Share accounts
Sec 6-552. Dividends
Sec 6-553. Deposit accounts
Sec 6-554. Withdrawals
Sec 6-555. Minors' accounts
Sec 6-556. Multiple party accounts
Sec 6-557. Liens
Sec 6-558. Member account insurance
Article 7. Loans
Sec 6-561. Purpose and conditions of loans; prepayment penalties
Sec 6-562. Interest rates and other charges
Sec 6-563. Other loan programs
Sec 6-564. Loans to officials
Article 8. Other Member Services
Sec 6-571. Insurance for members
Sec 6-572. Group purchasing
Sec 6-573. Money type instruments
Sec 6-574. Retirement accounts
Article 9. Investments
Sec 6-576. Investment authority
Sec 6-577. Authorized investments
Article 10. Reserves
Sec 6-581. Transfers to regular reserve
Sec 6-582. Use of regular reserve
Sec 6-583. Special reserves
Article 11. Dissolutions
Sec 6-584. Voluntary dissolution
Sec 6-585. Involuntary dissolution
Sec 6-586. Distribution of assets of liquidating credit union
Article 12. Change in Corporate Status
Sec 6-587. Merger or consolidation of credit unions
Sec 6-588. Conversion of credit union
Article 13. Corporate Credit Union
Sec 6-591. Organization
Sec 6-592. Purposes; membership
Sec 6-593. Powers of corporate credit union; federal parity
Sec 6-594. Participation in central system
Sec 6-595. Reserves