Unless the bylaws expressly reserve any or all of the following duties to the members, the directors have all of the following special duties: (a) (1) To act upon all applications for membership. The directors may delegate the power to approve applications for new membership to either of the following, pursuant to a written membership plan adopted by the board of directors: (A) The chairperson of a membership committee or an executive committee. (B) An officer, director, committee member, or employee. (2) The directors or their delegates may utilize an automated system to establish membership eligibility pursuant to a written membership plan adopted by the board of directors if all of the following conditions are met: (A) The automated system is regularly tested for compliance with Section 14800, the credit unionâs field of membership, and applicable laws and regulations. (B) An application for new membership approved using an automated system is reviewed by the directors or their delegates within five business days to ensure compliance with subparagraph (A). (C) The written membership plan includes a plan to address an approved application determined not to be in compliance with subparagraph (A). (b) (1) To expel members for any of the following causes, subject to Section 14801: (A) Conviction of a criminal offense involving moral turpitude. (B) Failure to carry out contracts, agreements, or obligations with the credit union. (C) Refusal to comply with the provisions of this division or of the bylaws. (D) Abusive, threatening, or harassing behavior toward credit union staff, volunteers, or members, or the abuse of credit union systems or property. (2) The directors may delegate the power to expel members for cause to a membership committee or an executive committee, pursuant to a written membership plan adopted by the board of directors. (3) (A) An expulsion pursuant to subparagraph (D) of paragraph (1) may take effect immediately, without advance notice or an opportunity to be heard, if the board of directors, or its designee pursuant to subdivision (b), determines that immediate expulsion is reasonably necessary for the protection of the credit union or its staff, volunteers, or members. (B) A member expelled pursuant to subparagraph (A) shall be provided written notice within five business days after the effective date of that expulsion. (C) This paragraph shall not prohibit a member expelled pursuant to subparagraph (A) from appealing that expulsion pursuant to paragraph (4). (D) An expulsion pursuant to this paragraph shall be deemed to be fair and reasonable pursuant to Section 7341 of the Corporations Code. (4) (A) A member who is expelled by the board of directors, or its designee, has the right to appeal therefrom to the board of directors, pursuant to reasonable procedures adopted by the board. (B) For purposes of this paragraph, âreasonable proceduresâ shall include, but not be limited to, all of the following: (i) Written notice to the expelled member of the effective date of the expulsion. (ii) The right to appeal therefrom and the procedures for doing so. (iii) Written notice of the boardâs final determination following an appeal. (c) To determine from time to time the interest rate on obligations with members and to authorize the payment of interest refunds to borrowing members. The board of directors may delegate this duty pursuant to subdivision (l). (d) To fix the maximum number of shares that may be held by, and, in accordance with Section 15100, establish the maximum amount of obligations which may be entered into with, any one member. (e) To declare dividends on shares in accordance with the credit unionâs policies and to determine the interest rate or rates that will be paid on certificates for funds. The board of directors may delegate this duty pursuant to subdivision (l). (f) To amend the bylaws, except where membership approval is required. (g) To fill vacancies in the credit committee, and
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