Members may bring forward requests to the Board of Directors anytime, and sometimes, may wish to bring them for consideration by the general membership.
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A member proposal is a matter proposed for member consideration and must be delivered in writing 90 days before the AGM and then attached to the notice of meeting, in accordance with the Credit Union Incorporation Act.
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A member special resolution is for more complex business matters. A minimum of 300 signatures and a clear proposal is required at least 90 days before the AGM, and two-thirds of members who vote need to approve the resolution for it to pass, in accordance with the Credit Union Incorporation Act. All special resolutions are reported to the British Columbia Financial Services Authority, the regulator for credit unions in BC.
