2005 Wisconsin Model Credit Union Bylaws, Regarding Conflicts of Interest

ARTICLE XIII
GENERAL PROVISIONS
Section 2. Pecuniary Interest. No Director, Officer, committee member, agent or employee of this credit union shall in any manner, directly or indirectly, participate in the deliberation upon or the determination of any question affecting the person’s pecuniary interest or the pecuniary interest of any Organization or association in which the person is directly or indirectly interested. In the event of disqualification of any Director or member of the credit committee respecting any matter presented to the Board or credit committee for deliberation or determination, such Director or committee member shall withdraw from the deliberation or determination. If a Director or credit committee member withdraws from any deliberation or determination, the remaining qualified Directors or credit committee members present at the meeting may exercise all powers of the Board or credit committee, provided the number of Directors or credit committee members present, including the disqualified Directors or members, constitutes a quorum.