12 CFR 544.5 - Federal mutual savings association bylaws
| Cite as | 12 CFR 544.5 |
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11 practice notes
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Weber v. First Federal Bank, No. 18569
...savings banks are required to "operate under bylaws that contain provisions that comply with all requirements specified by the OTS." 12 C.F.R. § 544.5(a). Certain regulations list the powers of the board of directors of an association, including the power to fix the compensation of officers......
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Dynan v. Rocky Mountain Federal Sav. and Loan, No. 89-92
...in this case that RMF is a federal savings and loan association subject to the rules promulgated by the Board. RMF and Lucas invoke 12 C.F.R. § 544.5(b)(11)(b) (1989) to establish that Dynan was an employee at will. The cited provision "(b) The following requirements are applicable to Feder......
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Durnin v. Allentown Federal Savings and Loan Ass'n., Civ. A. No. 32643.
...Voting right is determined as of a specified closing date. (12 C.F.R. § 544.1). Under the by-laws prescribed by the regulations (12 C.F.R. § 544.5) annual meetings of the members are required and special meetings may be called at any time by the president or the board of directors and must ......
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Hawkins v. Peoples Federal Sav. & Loan Ass'n, No. 79404
...employees; and to remove any officer or any employee at any time with or without cause." (Emphasis added.) The above provisions track 12 C.F.R. Sec. 544.5, which require federal mutual associations to operate under such provisions until amended by proper procedure. The regulation adopted by......
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7 cases
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Weber v. First Federal Bank, No. 18569
...banks are required to "operate under bylaws that contain provisions that comply with all requirements specified by the OTS." 12 C.F.R. § 544.5(a). Certain regulations list the powers of the board of directors of an association, including the power to fix the compensation of office......
-
Dynan v. Rocky Mountain Federal Sav. and Loan, No. 89-92
...in this case that RMF is a federal savings and loan association subject to the rules promulgated by the Board. RMF and Lucas invoke 12 C.F.R. § 544.5(b)(11)(b) (1989) to establish that Dynan was an employee at will. The cited provision "(b) The following requirements are applicable to ......
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Durnin v. Allentown Federal Savings and Loan Ass'n., Civ. A. No. 32643.
...Voting right is determined as of a specified closing date. (12 C.F.R. § 544.1). Under the by-laws prescribed by the regulations (12 C.F.R. § 544.5) annual meetings of the members are required and special meetings may be called at any time by the president or the board of directors and must ......
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Hawkins v. Peoples Federal Sav. & Loan Ass'n, No. 79404
...and to remove any officer or any employee at any time with or without cause." (Emphasis added.) The above provisions track 12 C.F.R. Sec. 544.5, which require federal mutual associations to operate under such provisions until amended by proper procedure. The regulation adopted by the F......
Request a trial to view additional results