(1) Upon filing by the secretary of state, the directors elected during the period of interim organization shall proceed to:(1) Approve and adopt the charter and bylaws;(2) Elect officers pursuant to the bylaws;(3) Take action necessary to effect the insurance of the deposit accounts of the association; and(4) Take other action that may be necessary to complete the organization.
(1) Approve and adopt the charter and bylaws;
(2) Elect officers pursuant to the bylaws;
(3) Take action necessary to effect the insurance of the deposit accounts of the association; and
(4) Take other action that may be necessary to complete the organization.