TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 190 ILLINOIS CREDIT UNION ACT
SECTION 190.230 REMOTE MEETINGS


 

Section 190.230  Remote Meetings

 

Unless expressly prohibited by the articles of incorporation or bylaws and subject to requirements of the Illinois Credit Union Act, the Board of Directors of a Credit Union may provide by resolution that members may attend, participate in, act, and vote at any annual meetings or special meetings through the use of a conference telephone or interactive technology, including but not limited to electronic transmission, internet usage, or remote communication, by means of which persons participating in the meeting can communicate with each other.  Participation through the use of a conference telephone or interactive technology shall constitute attendance, presence, and representation in person at the annual meeting or special meeting of the person or persons so participating and count towards quorum.

 

(Source:  Added at 45 Ill. Reg. 5829, effective April 23, 2021)