§31-14-14. Amendment of charter.
The charter of any corporation organized under the provisions
of this article may be amended by the vote of the stockholders and
the members of the corporation, voting separately by classes, and
such amendments shall require approval by the affirmative vote of
two thirds of the votes to which the stockholders shall be entitled
and two thirds of the votes to which the members shall be entitled,
except that no amendment which affects or limits the right of the
commissioner of banking to examine the corporation or the
obligation of the corporation to make annual reports to the
commissioner as provided in section twelve shall be made without
amendment of this article; and except, further, that no amendment
to the charter of the corporation which increases the obligation of
a member to make loans to the corporation, or makes any change in
the principal amount, maturity date or in the security or credit
position of any outstanding loan of a member to the corporation, or
affects a member's right to withdraw from membership, or its voting
rights as provided in sections seven and eight, shall be made
without the consent of each member affected by such amendment.
Within thirty days after any meeting at which amendment of the
charter has been adopted, certification thereof shall be made by
the corporation to the secretary of state in the manner provided
for by section twelve, article one of this chapter, whereupon the
secretary of state shall issue his certificate as therein provided
for.