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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 30, 1996
OLYMPIC FINANCIAL LTD.
(Exact name of registrant as specified in charter)
Minnesota 0-20526 41-1664848
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
7825 Washington Avenue South, Minneapolis, MN 55439-2435
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (612) 942-9880
(Former name or former address, if changed from last report)
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Item 5. Other Events
On September 30, 1996, Olympic Financial Ltd. (the "Company") amended its
by-laws, which amendment is filed as an exhibit hereto.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
OLYMPIC FINANCIAL LTD.
/s/ James D. Atkinson, III
James D. Atkinson, III
Senior Vice President,
Secretary and Corporate
Counsel
October 4, 1996
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EXHIBIT A
AMENDMENT TO BYLAWS
OF
OLYMPIC FINANCIAL LTD.
The following amendment to the Bylaws of Olympic Financial
Ltd. (the "Company") is adopted by the Company to supplement the existing Bylaws
of the Company.
Section 4.1 of the Company's Bylaws is amended and restated in
its entirety to read as follows:
Section 4.1 Number. The officers of the Corporation shall
consist of a Chief Executive Officer and a Chief Financial Officer. The
term "Chief Executive Officer," as such term is used herein, shall
include an individual who has all the authority, rights and powers as
would ordinarily reside in a Chief Executive Officer of the Company (an
"Acting Chief Executive Officer"). The Chief Executive Officer shall
preside at all meetings of the shareholders and directors and shall
have such other duties as may be prescribed from time to time by the
Board of Directors. The Chief Executive Officer shall also see that all
orders and resolutions of the Board are carried into effect. The Chief
Executive Officer and Chief Financial Officer shall have such other
duties as are prescribed by statute. The Board may elect or appoint any
other officers it deems necessary for the operation and management of
the Corporation, each of whom shall have the powers, rights, duties,
responsibilities and terms of office determined by the Board from time
to time. Any number of offices or functions of those offices may be
held or exercised by the same person. If specific persons have not been
elected as President or Secretary, the Chief Executive Officer may
execute instruments or documents in those capacities. If a specific
person has not been elected to office of Treasurer, the Chief Financial
Officer of the Corporation may sign instruments or documents in that
capacity.
