Nonstandard Bylaw Amendment

GC/MFR:bhs
SSIC 3700
02-0242

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. We have no legal concerns with an amendment that raises the maximum number of directors from 15 to 21. Federal Credit Union Bylaws, Article VI, Section 1.