COVID-19: Annual Meeting Requirements

Monday, March 16, 2020

If the credit union held an annual meeting within calendar year 2019, then the credit union will have the entire calendar year of 2020 to hold their next annual meeting. The Division will not require the annual meeting to be held 12 months after the prior annual meeting. However, any changes to the timing of the annual meeting must be done in good faith. 

We will consider the possibility of waiving the annual meeting requirement, if and when such a discussion appears to be required. At this time, no such waivers will be issued. 

Additional emergency information can be found in the IDCU COVID-19 updates/ Important Information.

Printed from the website on September 29, 2020 at 9:07pm.