Title 12 — Banks and Banking
Chapter 14 — Federal Credit Unions
§ 1758. Bylaws
Statutory text
In order to simplify the organization of Federal credit unions the Board shall from time to time cause to be prepared a form of organization certificate and a form of bylaws, consistent with this chapter, which shall be used by Federal credit union incorporators, and shall be supplied to them on request. At the time of presenting the organization certificate the incorporators shall also submit proposed bylaws to the Board for its approval.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 73–750 · 48 Stat. 1216
Enacted · 12 U.S.C. § 1758
June 26, 1934, ch. 750, title I, § 108, formerly § 8, 48 Stat. 1219
Source evidence
Code source credit
June 26, 1934, ch. 750, title I, § 108, formerly § 8, 48 Stat. 1219Pub. L. 86–354 § 1 · 73 Stat. 628
Substituted · 12 U.S.C. § 1758
Pub. L. 86–354 substituted “from time to time” for “, upon the passage of this Act,”
Source evidence
Code amendment note
Pub. L. 86–354 substituted “from time to time” for “, upon the passage of this Act,”.Pub. L. 91–206 § 2(1) · 84 Stat. 49
Substituted · 12 U.S.C. § 1758
Pub. L. 91–206 substituted “Administrator” for “Director” in two places
Source evidence
Code amendment note
Pub. L. 91–206 substituted “Administrator” for “Director” in two places.Enacted provision · exact public law section
Sec. 2. The Federal Credit Union Act is further amended (1) by changing “Director” to read “Administrator” each place it appears therein; (2) by changing “Bureau of Federal Credit Unions” to read “National Credit Union Administration” each place it appears therein; and (3) by changing “Bureau”, each remaining place it appears, to read “Administration”.Financial Institutions Regulatory and Interest Rate Control Act of 1978
Pub. L. 95–630 title V § 502(b) · 92 Stat. 3641
Substituted · 12 U.S.C. § 1758
Pub. L. 95–630 substituted “Board” for “Administrator”
Substituted · 12 U.S.C. § 1758
Pub. L. 95–630 substituted “its approval” for “his approval”
Source evidence
Code amendment note
Pub. L. 95–630 substituted “Board” for “Administrator” in two places, and “its approval” for “his approval”.Enacted provision · exact public law section
(b) The Federal Credit Union Act is amended by striking out “Administrator” each place it appears and inserting in lieu thereof “Board”, and by striking out the personal pronouns “he”, “him”, and “his” when referring to the Administrator and inserting in lieu thereof “it”, “them”, and “its” as appropriate wherever such words appear therein.Effective date note
Amendment by Pub. L. 95–630 effective on expiration of 120 days after Nov. 10, 1978, and transitional provisions, see section 509 of Pub. L. 95–630, set out as a note under section 1752 of this title.
3 of 5 references resolved to an enrolled provision · 2 partial
Editorial Notes
Amendments1959–1978 · 3 rounds
1978
Pub. L. 95–630 substituted “Board” for “Administrator” in two places, and “its approval” for “his approval”.
1970
Pub. L. 91–206 substituted “Administrator” for “Director” in two places.
1959
Pub. L. 86–354 substituted “from time to time” for “, upon the passage of this Act,”.
Statutory Notes and Related Subsidiaries
Effective Date of 1978 Amendment
Amendment by Pub. L. 95–630 effective on expiration of 120 days after , and transitional provisions, see section 509 of Pub. L. 95–630, set out as a note under section 1752 of this title.
Executive Documents
Transfer of Functions
Transfer of functions of Farm Credit Administration and Governor thereof, generally, see notes set out under section 1751 of this title.
Functions of Governor of Farm Credit Administration under this section transferred to Federal Deposit Insurance Corporation by Reorg. Plan No. 1 of 1947.
Credits
1934–1978 · 7 acts
- 1934June 26, 1934, ch. 750, title I, § 108, formerly § 8, 48 Stat. 1219
- 19471947 Reorg. Plan No. 1, § 401, eff. , 12 F.R. 4534, 61 Stat. 952
- 1948June 29, 1948, ch. 711, §§ 1, 2, 62 Stat. 1091
- 1959renumbered § 9 and amended Pub. L. 86–354, § 1, , 73 Stat. 631
- 1970Pub. L. 91–206, § 2(1), , 84 Stat. 49
- 1970renumbered title I, § 108, Pub. L. 91–468, § 1(2), , 84 Stat. 994
- 1978amended Pub. L. 95–630, title V, § 502(b), , 92 Stat. 3681.
Show as published
(June 26, 1934, ch. 750, title I, § 108, formerly § 8, 48 Stat. 1219; 1947 Reorg. Plan No. 1, § 401, eff. , 12 F.R. 4534, 61 Stat. 952; June 29, 1948, ch. 711, §§ 1, 2, 62 Stat. 1091; renumbered § 9 and amended Pub. L. 86–354, § 1, , 73 Stat. 631; Pub. L. 91–206, § 2(1), , 84 Stat. 49; renumbered title I, § 108, Pub. L. 91–468, § 1(2), , 84 Stat. 994; amended Pub. L. 95–630, title V, § 502(b), , 92 Stat. 3681.)