Ameriserv financial, inc. amends article 3 of the company’s bylaws

On october 17, 2019, the board of directors of ameriserv financial, inc. amended article 3 of the company’s bylaws to set the current minimum number of board members to be appointed to committees at three persons, require that at least three members of each committee meet nasdaq independence requirements (other than the audit, nominating and corporate governance, and compensation and human resources committees, of which all members must meet nasdaq independence requirements), and provide specific quorum requirements.
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