{"content":[{"text":"FEDERAL HOME LOAN BANK OF CHICAGO \n BYLAWS","bbox":{"left":0.117647,"top":0.043742,"width":0.392785,"height":0.038091}},{"text":"ARTICLE III \n PAGE 2","bbox":{"left":0.777255,"top":0.043742,"width":0.105549,"height":0.038091}},{"text":"mail shall be deemed given at the time when the notice is deposited in the mail, postage prepaid. \n To the extent permitted by applicable law, such notice may also be given by means of electronic \n transmission.","bbox":{"left":0.117647,"top":0.115258,"width":0.755293,"height":0.05596900000000002}},{"text":"Section 4.","bbox":{"left":0.117647,"top":0.186773,"width":0.078432,"height":0.020212000000000008}},{"text":"Organization:","bbox":{"left":0.205882,"top":0.186773,"width":0.10760799999999998,"height":0.020212000000000008}},{"text":"At each meeting of the stockholders, the Chairman of the Board or, in the Chairman’s absence, \n the Vice Chairman of the Board or, in the absence of both of these officers, the President of the \n Bank, shall preside at the meeting. The Corporate Secretary or, in the Corporate Secretary’s \n absence, the person whom the chairman of the meeting shall appoint to act as secretary, shall \n keep the minutes of the meeting.","bbox":{"left":0.117647,"top":0.22253,"width":0.745568,"height":0.091727}},{"text":"Section 5. Quorum:","bbox":{"left":0.117647,"top":0.329803,"width":0.15898,"height":0.020212000000000008}},{"text":"The stockholders present shall constitute a quorum for the transaction of any business at a \n meeting of the stockholders.","bbox":{"left":0.117647,"top":0.365561,"width":0.7032160000000001,"height":0.03808999999999996}},{"text":"Section 6.","bbox":{"left":0.117647,"top":0.419197,"width":0.078432,"height":0.020212000000000008}},{"text":"Voting:","bbox":{"left":0.205882,"top":0.419197,"width":0.05976500000000001,"height":0.020212000000000008}},{"text":"Each stockholder of the Bank shall be entitled at every meeting of the stockholders to cast one \n vote, by one of its officers or other duly authorized person, for the transaction of any business \n coming before the meeting. The stockholders of the Bank shall be entitled to vote for the \n election of directors of the Bank in accordance with the provisions of the Federal Home Loan \n Bank Act, as amended (the “Act”), the rules and regulations of the Federal Housing Finance \n Agency (“FHFA”) as in effect from time to time (“Regulations”), and the Bank’s Capital Plan, \n adopted by the Board and approved by the FHFA (“Capital Plan”). The stockholders shall also be \n entitled to vote on such other matters as expressly provided for in the Capital Plan, the Act and \n the Regulations, in accordance with the provisions of the Capital Plan and the requirements of \n the Act and the Regulations, respectively.","bbox":{"left":0.117647,"top":0.454955,"width":0.76302,"height":0.18112099999999998}},{"text":"ARTICLE III","bbox":{"left":0.447451,"top":0.6695,"width":0.10554899999999995,"height":0.020212000000000008}},{"text":"DIRECTORS","bbox":{"left":0.445686,"top":0.705258,"width":0.108549,"height":0.020212000000000008}},{"text":"Section 1.","bbox":{"left":0.117647,"top":0.741015,"width":0.078432,"height":0.020212000000000008}},{"text":"General Powers:","bbox":{"left":0.205882,"top":0.741015,"width":0.12976499999999996,"height":0.020212000000000008}},{"text":"All corporate powers shall be exercised by or under the authority of, and the business and affairs \n of the Bank shall be managed under the direction of, the Board.","bbox":{"left":0.117647,"top":0.776773,"width":0.754882,"height":0.038090999999999986}},{"text":"Section 2.","bbox":{"left":0.117647,"top":0.830409,"width":0.078432,"height":0.020212000000000008}},{"text":"Number and Qualifications:","bbox":{"left":0.205882,"top":0.830409,"width":0.218588,"height":0.020212000000000008}},{"text":"The Board shall consist of such persons as may be provided by the Federal Home Loan Bank \n Act, as amended (\"Act\"), and as otherwise designated by the FHFA. Directors are divided into \n two classes: (1) those who are officers or directors of a member institution that is located in the","bbox":{"left":0.117647,"top":0.866167,"width":0.7504710000000001,"height":0.055968999999999935}}],"images_bbox":[],"images_bbox_not_text_overlap":[]}