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66 chapters · 278 sections in this title.
9-B M.R.S. § 841 Management in general
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The management and operations of a credit union must be conducted in accordance with the provisions of Title 13-C, except as provided in this chapter and elsewhere in this Part.
9-B M.R.S. § 842 Board of directors
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The management and control of the affairs of a credit union shall be vested in a board of directors, whose powers shall be exercised in accordance with the provisions of this section. [PL 1975, c. 500, §1 (NEW).] 1. Number, election and qualifications. A. The number of directors …
9-B M.R.S. § 843 Officers and employees
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1. Election. A. The directors, at their first meeting after the annual meeting of the members, shall elect from their own number the board officers specified in the bylaws. [PL 1983, c. 51, §5 (AMD).] B. Those persons elected in paragraph A shall be the officers of the corporatio…
9-B M.R.S. § 844 Supervisory committee or independent public accountant
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1. Duties of supervisory committee. If a supervisory committee is appointed pursuant to section 842, subsection 2, the supervisory committee shall keep informed fully and at all times as to the financial condition of the credit union, shall examine or cause to be examined careful…