Compilation of Rules and Regulations of the State of Georgia
Department 80 - RULES OF DEPARTMENT OF BANKING AND FINANCE
Chapter 80-2 - CREDIT UNIONS
Subject 80-2-10 - CREDIT UNION VOTING PROCEDURES
Rule 80-2-10-.02 - Voting Procedures
Universal Citation: GA Rules and Regs r 80-2-10-.02
Current through Rules and Regulations filed through December 18, 2024
(1) Members may vote in person, by written ballot, or electronically. Voting by written ballot or electronically may occur prior to the membership meeting by mail, electronically, or at established ballot box locations, provided:
(a) The credit union's bylaws specifically authorize voting electronically or by mail ballot and/or ballot box voting;
(b) The Board of Directors of the credit union have officially adopted electronic, written mail ballot and/or ballot box voting procedures which assure that such voting occurs in an orderly, secure and controlled environment designed to preserve the one member one vote statutory requirement;
(c) The notice of the meeting includes a copy of the voting procedures. In the case of ballot box voting, a copy of the voting procedures must be prominently posted at each ballot box location; and
(d) The question being considered is clearly and fully stated in the notice of the meeting.
Authority O.C.G.A. Sec. 7-1-663.
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