Proposed By-Laws - March 2025

Recommendations of the Members By-Laws Review Committee 72 Current By-Laws (January 2023) (A) Board’s Proposed Change (B) Board’s Rationale (C) By-Law Committee’s Recommendation (D) By-Law Committee’s Rationale (E) purpose and that the members signing the demand will not further distribute any information obtained from the Society for any purpose. The demand must name one member, and one alternate member, who will represent the requesting members on issues such as inspection procedures, costs and potential disputes. 6) The Board must respond to the requesting members within twenty (20) days of receiving a demand. In its response, the Board will inform the petitioners if it will allow inspection of the requested material in its entirety or in part and must provide in its response any reason for its disallowance. 7) Where inspection has been approved, communication must be sent to the member that outlines a proposed framework for inspection including the time(s) and person (s) who will be granted access. 8) The Society may, at its option, skip inspection and deliver copies of requested documents directly to the petitioners and inform the member of the method of delivery. 9) Members do not have the right to inspect any portion of the books, records, or minutes of the Society if: a Applicable law or regulation prohibits disclosure of that portion; distribute any information obtained from the Credit Union for any other purpose. Additionally, the demand must designate one member, and one alternate member, to represent the requesting members on matters related to the inspection process, including procedures and any potential disputes. By-Law 81(6) Amend. The Board must acknowledge receipt of the demand within three (3) working days. A formal response must then be issued within fourteen (14) working days following the acknowledgment. In its response, the Board shall inform the requesting members whether the inspection of the requested material will be granted in full or in part. If any portion of the request is denied, the Board must provide the reason(s) for the disallowance in its response. By-Law 81(6) The Board’s proposal put unreasonable restrictions on the members right to access information from the Society. The amendments give orderly and reasonable access and provide a framework for responses to request for access to information.

RkJQdWJsaXNoZXIy MTA2MDM=