{"data":{"id":"us-ky/krs-286.6-155","jurisdiction":"us-ky","citation":"KRS 286.6-155","heading":"Board of directors -- Supervisory committee -- Simultaneous","body":"appointments prohibited.\n(1) The credit union shall be directed by a board consisting of an odd number of\ndirectors, at least five (5) in number, to be elected at the annual members' meetin g\nby and from the members. All members of the board shall hold office for such terms\nas the bylaws provide.\n(2) The board of directors shall appoint a supervisory committee of not less than three\n(3) persons at the organization meeting held within thirty ( 30) days following each\nannual meeting of the members for such terms as the bylaws provide. No member\nof the board of directors shall be appointed to the supervisory committee.\n(3) The board of directors shall appoint a credit committee consisting of an od d\nnumber, not less than three (3), for such terms as the bylaws provide, or in lieu of a\ncredit committee, a credit manager.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14773","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:13Z","sha256":"b239e5ab186578b175683123cfdda488451eefb99a80098be18af65263215e75","source_id":"us-ky","stale":false,"prev":"us-ky/krs-286.6-145","next":"us-ky/krs-286.6-165"},"notice":"GroundRules: Original legal text. Not legal advice."}
