Iowa Admin. Code r. 189-12.12

Current through Register Vol. 47, No.14, January 8, 2025

Rule 189-12.12 - Reporting the results of the vote to the membership

(1)Posting of results. Except as otherwise provided for a membership vote, the board shall inform the membership of the results of the vote by conspicuously posting notice in each credit union office for a period of 60 days.

(2)Publication of results. Except as otherwise provided for a membership vote, in addition to posting the results in each credit union office, the board shall also communicate the results to the membership by at least one of the following methods:

a. Include the results in the next mailing of the member's statement of account.

b. Include the results in the credit union newsletter.

c. Include the results in the sponsor's newsletter.

d. Post a notice on the credit union's website.

e. Place a notice in a newspaper of general circulation within the geographic area of operation of the credit union.

Iowa Admin. Code r. 189-12.12

ARC 0938C, IAB 8/7/2013, effective 9/15/2013

Amended by IAB December 15, 2021/Volume XLIV, Number 12, effective 1/19/2022