Sunday, June 15, 2025

SECU What's Next? A Chief Legal Officer Opines...

https://c2.staticflickr.com/6/5507/9039722471_67658f32fb_b.jpg  ... legal chatter!

Ms. Caroline Warren, NC Credit Union Division 

June 15, 2025

re: 2025 SECU Board Election Policies and Procedures

Dear Ms. Warren,

As promised, here is a copy of the letter received from Ms. Plaut, CLO of SECU. Since you are handling the "complaint", thought you should have a copy to consider. We will follow up as suggested with additional information for you to consider in reference to the issue this week.

Sincerely, 

Jim Blaine, SECU Member

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"The lady doth protest too much, methinks"

 

1 comment:

  1. Well one thing we know for certain is ...

    'The SECU Board passed the proposed bylaw amendments at its evening meeting on Tuesday, 6/27/2023 and submitted them to the NC Credit Union Division for approval on Wednesday, 6/28/2023.

    The proposed SECU bylaw amendments were approved by the Administrator of NC Credit Unions on 6/30/2023, two days later - an unheard of regulatory turn-around for non-standard bylaw proposals. After approving the bylaw amendments on 6/30/2023, the Administrator of Credit Unions then retired at the end of the day.'

    Boy that sounds like 'normal' business ...

    ReplyDelete