(1) A board of directors of a credit union may determine the date upon which the credit union's fiscal year ends, so long as the date coincides with the end of a standard fiscal quarter. (2) A board of directors of a credit union may determine the date of the credit union's annual membership meeting. Special meetings may be held in the manner indicated in the bylaws. At all meetings, a member has only one vote, regardless of the member's share holdings. There shall not be voting by proxy, but a member other than a natural person may cast a single vote through a delegated agent.
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