Oregon Revised Statutes Chapter 723 § 723.196 — Meeting of members; mail or electronic ballots
Oregon Revised Statutes Chapter 723 ·
Oregon Code § 723.196·Enacted ·Last updated March 01, 2026
Statute Text
Meeting of members; mail or electronic ballots.
(1) The annual meeting and any
special meetings of the members of the credit union shall be held at the time
and in the manner indicated by the bylaws.
(2) At meetings
described in subsection (1) of this section, a member has one vote,
irrespective of the amount of that members shareholdings. A member may not
vote by proxy, but a member may vote by mail or electronic ballot if allowed by
the bylaws of the credit union. The board of directors shall establish
procedures to safeguard the confidentiality and integrity of the voting
process. As used in this subsection, electronic has the meaning given that
term in ORS 84.004.
(3) The board may
establish a minimum age as a qualification of eligibility to vote at meetings
of the members. [1975 c.652 §23; 1999 c.185 §12; 2005 c.95 §5; 2019 c.45 §3]
Plain English Explanation
This Oregon statute addresses Meeting of members; mail or electronic ballots. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 723.196
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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