Title 12 — Banks and BankingRelease 119-73
§1758 Bylaws
Title 12 › Chapter CHAPTER 14— - FEDERAL CREDIT UNIONS › Subchapter SUBCHAPTER I— - GENERAL PROVISIONS › § 1758
Summary
The Board must create and give a standard organization form and bylaws to Federal credit union incorporators on request. When filing the organization certificate, incorporators must also submit proposed bylaws for the Board’s approval.
Full Legal Text
Title 12, §1758
Banks and Banking — Source: USLM XML via OLRC
In order to simplify the organization of Federal credit unions the Board shall from time to time cause to be prepared a form of organization certificate and a form of bylaws, consistent with this chapter, which shall be used by Federal credit union incorporators, and shall be supplied to them on request. At the time of presenting the organization certificate the incorporators shall also submit proposed bylaws to the Board for its approval.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1978—Pub. L. 95–630 substituted “Board” for “Administrator” in two places, and “its approval” for “his approval”. 1970—Pub. L. 91–206 substituted “Administrator” for “Director” in two places. 1959—Pub. L. 86–354 substituted “from time to time” for “, upon the passage of this Act,”.
Statutory Notes and Related Subsidiaries
Effective Date
of 1978 AmendmentAmendment by Pub. L. 95–630 effective on expiration of 120 days after Nov. 10, 1978, and transitional provisions, see section 509 of Pub. L. 95–630, set out as a note under section 1752 of this title.
Executive Documents
Transfer of Functions
of Farm Credit Administration and Governor thereof, generally, see notes set out under section 1751 of this title. Functions of Governor of Farm Credit Administration under this section transferred to Federal Deposit Insurance Corporation by Reorg. Plan No. 1 of 1947.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1758
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73