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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

221

:
ORGANIZATION AND MANAGEMENT OF CREDIT UNION






Subchapter

003
:
GOVERNING BODY, OFFICERS, AND COMMITTEES










 

§

31309. Oaths of office; certificate of election

(a) Within ten

days after election to any position, each person so elected or appointed shall

execute an oath of office by which he or she agrees to accept, and diligently

and faithfully to carry out, the duties and responsibilities of the position to

which he or she has been elected and not negligently or willfully to violate,

or permit to be violated, any provision of this title or the bylaws of the

credit union.

(b) The

chairperson of the governing body and the secretary shall execute a certificate

of election, which shall set forth the names and addresses of the officers,

directors, and committee members elected or appointed.

(c) The oath of

office and the certificate of election shall be executed on forms prepared by

the Department, and one copy of each shall be filed with the Department within

15 days after the election or appointment. (Added 2005, No. 16, § 1, eff. July

1, 2005.)