{"data":{"id":"us-az/a.r.s.-6-542","jurisdiction":"us-az","citation":"A.R.S. § 6-542","heading":"Suspension and removal of officials","body":"Unless the bylaws provide otherwise, a director, officer or member of a committee may be removed as follows:\n\n1. Either the supervisory committee or the board may suspend for cause by a majority vote of their entire membership any director, officer or member of a committee and shall immediately notify such person in writing of the suspension and the reasons for the suspension.\n\n2. A suspended director, officer or committee member may request a special meeting of the members to consider that suspension within ten days after the date the director, officer or committee member was notified of the suspension. The board shall call a special meeting for that purpose not fewer than seven days or more than thirty days after receiving the request for a meeting, and that suspension shall be upheld or overturned by a majority of the members present. The suspended person is entitled to appear and be heard at the special meeting.\n\n3. In the absence of a request for a hearing within ten days after the date the director, officer or committee member was notified of the suspension, the suspension is deemed a removal from office. If a hearing is requested, approval of the suspension by the membership constitutes removal from office.\n\n4. Notwithstanding any other provision of this section, the members of a credit union may suspend or remove any director or committee member at any annual or special meeting of the members.","path":["Title 6 Banks and Financial Institutions"],"source_url":"https://www.azleg.gov/ars/6/00542.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-09-26T04:29:04Z","sha256":"f1678cb6beddc18976677c23654035911063f2bf9095942943c29d1a33bf5ec9","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-6-541","next":"us-az/a.r.s.-6-543"},"notice":"GroundRules: Original legal text. Not legal advice."}