Bylaws of
The Clearing Corporation
101. Definitions.
102. Interpretation
202. Specific Powers of Board of Governors.
203. Annual Meeting of the Board.
204. Regular Meetings.
205. Special Meetings.
206. Quorum and Voting.
207. Waiver of Notice; Business and Purpose.
208. Action Without Meeting.
209. Attendance by Telephone.
210. Compensation.
211. Committees.
212. Meetings.
213. Officers.
214. Chairman of the Board.
215. Vice Chairmen.
216. President.
217. Vice Presidents.
218. Secretary.
219. Treasurer.
220. Resignations.
221. Filling of Vacancies.
222. Physical Emergencies.
223. Service on Board of Governors.
301. Meetings.
302. Designated Representative.
304. Voting.
305. Annual Meeting.
306. Nominations for and Election of Governors.
307. Special Meetings.
308. Notice of Meetings.
309. Purpose of Meeting.
401. Qualifications of Stockholders.
402. Option of Corporation to Purchase Shares.
403. Board May Readjust Holdings.
404. Price of Shares.
405. Stock Certificates.
406. Shares as Security.
501. Investment of Capital.
502. Dividends.
503. Fiscal Year.
504. Corporate Seal.
505. Notices and Mailing.
506. Waiver of Notice.
507. Knowledge of Transactions.
508. Material Information.
509. Litigation Expenses.
510. Indemnification of Personnel.
511. Bonding.
512. Adherence to Bylaws an Rules.
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