State Court Orders Five Expelled Volunteers To Be Reinstated At Columbia: If they get away with this, then others will follow suit. -Doug Schafer

The annual elections at erstwhile credit union-convert Columbia CU were thrown into disarray again last week when a state court ordered the credit union to reinstate two directors and three members of its supervisory committee it had expelled over their three-year fight over a failed attempt to conv...

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Veröffentlicht in:Credit Union Journal 2006-09, Vol.10 (38), p.5
1. Verfasser: Roberts, Ed
Format: Artikel
Sprache:eng
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Zusammenfassung:The annual elections at erstwhile credit union-convert Columbia CU were thrown into disarray again last week when a state court ordered the credit union to reinstate two directors and three members of its supervisory committee it had expelled over their three-year fight over a failed attempt to convert to a mutual savings bank. Judge Casey ruled that last month's expulsion of the five officers violated state law, which requires a special meeting of the membership for the expulsion of elected officials.
ISSN:1521-5105