Nonstandard Bylaw Amendment

GC/MFR:bhs
SSIC 3000
01-0531

TO: [redacted]

FROM: Sheila A. Albin, Associate General Counsel 

You have asked this office to review and comment on a nonstandard bylaw amendment submitted for approval by [redacted] Federal Credit Union. As explained in the attached memo [redacted], dated July 14, 2000, we have no legal concerns with a nonstandard bylaw amendment that decreases the number of signatures required to petition for a nomination.