{"data":{"id":"us-wi/wis.-stat.-186.06","jurisdiction":"us-wi","citation":"Wis. Stat. § 186.06","heading":"Membership meetings, fiscal year.","body":"(1) Manner of meeting. The annual meeting and any special meeting of the members of a credit union shall be held in the manner provided by the bylaws.\n(1m) Voting. At a meeting, each member shall have one vote irrespective of the member’s share total. Except as provided in sub. (2), a member may not vote by proxy.\n(2) Representation. An organization, association or corporation member of a credit union may be represented by and have its vote cast by an authorized representative of its members or owners.\n(2m) Voting eligibility. The bylaws shall prescribe the terms by which a member is eligible to vote at a meeting.\n(3) Meeting issues.\n(a) At any meeting, if the notice so indicates, a majority of the members present may direct the board of directors to do any of the following:\n1. Consider implementing any policy proposed by the members.\n2. Reconsider any decision of the directors, officers or committees.\n(b) At any meeting, if the notice so indicates, the members may, by a three-fourths vote of the members present, do any of the following:\n1. Remove any member of the board of directors.\n2. Amend the bylaws.\n(4) Fiscal year. The fiscal year of every credit union shall end at the close of business on December 31.","path":["Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations","Chapter 186 Credit Unions"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/186.06","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:04Z","sha256":"bf4b197bf8297432b68326b4846231d89530a9193200c78c2b1d80e7b3afdde8","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-186.035","next":"us-wi/wis.-stat.-186.07"},"notice":"GroundRules: Original legal text. Not legal advice."}
