The Credit Advisory Committee meets at least once a year at the invitation of its Chairman, either on his own initiative or within one month of a written request being made to him by at least ten of its full members. This request shall state the subject on which consultation is sought.
The Credit Advisory Committee may not validly deliberate if the number of members present is less than ten. If the quorum is not reached, a new notice of meeting is sent out at least eight days before the date of the new meeting of the committee, which then sits validly, regardless of the number of members present.
The opinions of the Credit Advisory Committee are adopted by a majority of the votes of the members present.
The Credit Advisory Committee may hear, on the initiative of its chairman or at the request of the majority of the members present, any person whose hearing appears useful.