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- Alaska Statutes.
- Title 6. Banks and Financial Institutions
- Chapter 45. Alaska Credit Union Act
- Section 90. Management of Credit Union.
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. Meetings of Members.
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AS 06.45.090. Management of Credit Union.
- (a) The business affairs of a credit union are managed by (1) a board of not less than five directors; (2) a credit
committee of not less than three members; and (3) a supervisory committee of not less than three members or more than
five members. The members of the board of directors shall be elected at the annual members meeting by and from the
members. The supervisory committee shall be appointed by the board of directors, and a vacancy in the supervisory
committee shall be filled by the board of directors. One of the members of the supervisory committee may be a member of
the board of directors, other than the treasurer. The credit committee consists of an uneven number of three or more
members appointed by the board of directors for the terms established by the bylaws. Members of the board of directors
and of the credit and supervisory committees hold office for terms as the bylaws may provide.
- (b) A record of the names and addresses of the members of the board, the committees, and the officers of the credit union
shall be filed with the commissioner within 10 days after election or appointment.
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