17 Pa.C.S. Ch. 9

17 Pa.C.S. Ch. 9
in effect

17 Pa.C.S. § 901 Procedure for amendment of articles.

The articles of incorporation may be amended at any regular or special meeting of the credit union, if notice of the meeting and of the proposed amendment or amendments is furnished each member at least ten days prior to the meeting at which such amendment or amendments will be considered. Notwithstanding statutory provisions to the contrary, the articles of incorporation may alternatively be amended by the members through mail ballot voting as provided in the bylaws. Amendments to the articles of incorporation must be approved by a majority of the members present at any meeting at which the amendments are considered or, in the case of a mail ballot, by a majority of the members responding by mail ballot. The proposed amendments shall be acted upon only in the event a quorum of the members, as provided in the bylaws, is present or, in the case of a mail ballot vote, a number of returned mail ballots equal to the quorum of the members, as provided in the bylaws, exists. (June 18, 2014, P.L.754, No.62, eff. 60 days)

17 Pa.C.S. § 902 Articles of amendment.

The articles of amendment shall be signed by an officer of the credit union and shall set forth: (1) The name and principal place of business of the credit union. (2) The amendment or amendments as adopted by the members. (3) The date of the meeting at which the amendment, or amendments, was adopted. (4) That notice of the meeting at which the amendment, or amendments, was considered was given to each member as provided in this title. (5) That, at the meeting at which the amendment, or amendments, was considered, a quorum of the members was present as provided in the bylaws. (6) That the amendment, or amendments, was approved by a majority of the members voting.

17 Pa.C.S. § 903 Filing and review of articles of amendment.

(a) General rule.--Articles of amendment shall be filed with the department. If the department finds that the articles of amendment conform to law, it shall endorse its approval thereon and forward the articles of amendment to the Department of State. Upon receipt of the articles of amendment, the Department of State shall file the same. (b) Cross reference.--See 15 Pa.C.S. § 134 (relating to docketing statement). (Dec. 9, 2002, P.L.1572, No.207, eff. 60 days) 2002 Amendment. Act 207 amended subsec. (a).

17 Pa.C.S. § 904 Place of business.

(a) Change in principal place of business.--A credit union may change its place of business upon the filing of a statement of change of principal place of business with the Department of State and the department. (b) Branch offices and service facilities.--If a credit union gives the department prior written notification and, in the case of branch offices, receives prior approval from the department, it may establish and maintain, at locations other than its principal place of business, additional branch offices and service facilities to furnish services to its members. (c) Discontinuance of branch offices or service facilities.--If a credit union pursuant to a resolution of its board of directors provides the department prior written notification, the credit union may discontinue the operation of and close branch offices or service facilities. (d) Cross reference.--See 15 Pa.C.S. § 134 (relating to docketing statement). (Dec. 9, 2002, P.L.1572, No.207, eff. 60 days) Cross References. Section 904 is referred to in section 503 of this title.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM&ttl=17Fetched: 10/16/2026