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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1758 Bylaws us united_states_code code_section 12 BANKS AND BANKING 14 FEDERAL CREDIT UNIONS 1758 12 U.S.C. § 1758 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s1758 data/legal/raw/us/code/title-12/usc12.xml d9a881f1cc372a29939070f8b3d0d830f9a6dbb86b55e850307b0121ebdcc5ec e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa b97c88ab899f0d00c9f412102a8cfe8b3db65c49af5d67b0e25b01568e0d18b2 2026-07-04 official
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12 U.S.C. § 1758 - Bylaws

Text

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.

(June 26, 1934, ch. 750, title I, § 108, formerly § 8, 48 Stat. 1219; 1947 Reorg. Plan No. 1, § 401, eff. July 1, 1947, 12 F.R. 4534, 61 Stat. 952; June 29, 1948, ch. 711, §§ 1, 2, 62 Stat. 1091; renumbered § 9 and amended Pub. L. 86354, § 1, Sept. 22, 1959, 73 Stat. 631; Pub. L. 91206, § 2(1), Mar. 10, 1970, 84 Stat. 49; renumbered title I, § 108, Pub. L. 91468, § 1(2), Oct. 19, 1970, 84 Stat. 994; amended Pub. L. 95630, title V, § 502(b), Nov. 10, 1978, 92 Stat. 3681.)

Notes

Editorial Notes

Amendments1978—Pub. L. 95630 substituted “Board” for “Administrator” in two places, and “its approval” for “his approval”. 1970—Pub. L. 91206 substituted “Administrator” for “Director” in two places. 1959—Pub. L. 86354 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. 95630 effective on expiration of 120 days after Nov. 10, 1978, and transitional provisions, see section 509 of Pub. L. 95630, set out as a note under section 1752 of this title.

Executive Documents

Transfer of Functions 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.