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2017 Board of Directors Election Nomination Form Duties and Responsibilities The Board of Directors is responsible for establishing Credit Union policies. The Boards power also include: appointing
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Board of directors election is the process by which shareholders vote to elect individuals to serve on the board of a company.
Companies or organizations that have a board of directors are required to hold elections to fill any vacant positions or when the term of a current board member expires.
To fill out a board of directors election, eligible shareholders typically receive a proxy statement or voting instructions, and they can cast their votes either in person or by proxy.
The purpose of board of directors election is to give shareholders a voice in the governance of the company and to ensure that the board represents the best interests of the shareholders.
Information that must be reported on a board of directors election includes the names of the candidates, their qualifications, and the number of votes received by each candidate.
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