Current as of: 2009 Chapter 168: Section 9A. Annual and special meetings[ Text of section effective until November 3, 2008. For text effective November 3, 2008, see below.] Section 9A. The annual meeting of the corporators of such corporation shall be held at such time as the by-laws direct. Special meetings may be held by order of the trustees or upon written request of the ten corporators addressed to the clerk who shall give notice of special meetings upon such order or request. In the absence or inability of the clerk to serve, the president or a vice president may give the notice or notices required by this section. At least seven days before the date of such meeting, notice of the meeting shall be given by mailing to each corporator a written or printed notice thereof and by advertisement in a newspaper published daily or weekly in the town wherein the main office of such corporation is situated, or if there be no such newspaper, then in a newspaper either published in the county wherein the town is situated or published in a county contiguous to said county and of general distribution. The names of those present at meetings shall be entered in the records of the corporation. A quorum shall consist of not less than thirteen incorporators or twenty-five per cent of the total number of corporators, whichever is the greater; provided, however, that not more than fifty corporators shall be necessary to constitute a quorum. Chapter 168: Section 9A. Annual and special meetings [ Text of section as amended by 2008, 252, Sec. 1 effective November 3, 2008. For text effective until November 3, 2008, see above.] Section 9A. The annual meeting of the corporators of the corporation shall be held at a time as the by-laws direct. Special meetings may be held by order of the trustees or upon written request of the 10 corporators addressed to the clerk who shall give notice of special meetings upon that order or request. In the absence or inability of the clerk to serve, the president or a vice president may give the notice required by this section. At least 7 days before the date of the meeting, written notice of the meeting shall be mailed to each corporator. The names of those present at a meeting shall be entered in the records of the corporation. A quorum shall consist of not less than 13 incorporators or 25 per cent of the total number of corporators, whichever is the greater; but, not more than 50 corporators shall be necessary to constitute a quorum. Prev | Next________________________________________________________________________
See also: Federal Regulations: Savings Banks
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