February 24, 1997

Steven R. Bisker, Esquire
616 South Washington Street
Alexandria, VA 22314

Re: Qualifications for Members of Nominating Committee

Dear Mr. Bisker:

You have requested a legal opinion on whether members of a federal credit union's (FCU's) nominating committee must be members of the FCU. Article VI, Section 1 of the FCU Bylaws states that "(a)t least 30 days prior to each annual meeting, the executive officer shall appoint a nominating committee of not fewer than three members." (Emphasis added.) We interpret this provision to mean that the individuals appointed to the committee must be FCU members.

Sincerely,

James J. Engel
Deputy General Counsel

GC/MFR:bhs
SSIC 3700
97-0238