Article 11 - CREDIT UNIONS

Section 450 - Incorporation; organization certificate
Section 450-A - Designation of low income credit union
Section 450-B - Designation of student branches
Section 451 - Proposed bylaws
Section 451-A - Qualifications for membership
Section 452 - When corporate existence begins; conditions precedent to commencing business
Section 453 - Corporate credit unions
Section 454 - General powers
Section 455 - Trust powers
Section 456 - Limitations upon powers
Section 457 - Capital
Section 458-A - Maintenance of reserves
Section 459 - Allowance for loan loss
Section 460 - Dividends to shareholders; conditions precedent
Section 461 - Change of location; establishment of stations; extension or revival of corporate existence
Section 462 - Foreign credit unions
Section 463 - Exemptions and individual liability of shareholders
Section 464 - Manner of withdrawal; expulsion or suspension of members; effect upon liabilities to credit unions
Section 465 - Withdrawal of shares after voting to liquidate; notices to shareholders
Section 466 - Meetings of shareholders; voting
Section 467 - Qualifications and disqualifications of directors and committee members
Section 468 - Oaths of directors, officers and members of committees
Section 469 - Vacancies; change in number of directors
Section 470 - Powers and duties of directors; not entitled to compensation; disqualification of directors
Section 471 - Duty of directors and officers
Section 472 - Special duties of directors
Section 473 - Loan officers, credit committee; duties
Section 474 - Loan reports to directors
Section 475 - Supervisory committee; powers and duties
Section 476 - Officers; powers and duties
Section 477 - Retirement and insurance benefits for officers and employees
Section 478 - Amendment of bylaws; approval of superintendent
Section 479 - Credit union not liable for taxation
Section 480 - Fiscal year
Section 481 - Communications from department of financial services must be submitted to directors and supervisory committee, and noted in the minutes
Section 482 - Reports to superintendent; penalty for failure to make
Section 483 - Penalty for loans to non-members; recovery
Section 484 - Penalty for use of term "credit union"
Section 485 - Entries in books; preservation of records
Section 486 - Conversion of a federal credit union into a state credit union
Section 486-A - Retention of special additional mortgage recording tax exemption for converted federal credit unions
Section 487 - Conversion of a credit union into a federal credit union
Section 487-A - Conversion of a credit union into a mutual savings bank