12 CFR 708b.205
§ 708b.205 Modifications to notice and ballot.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 708b.205, § 708b.205 Modifications to notice and ballot, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48559
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Full text
(a) Converting credit unions will use the form notice and ballot as provided in subpart C of this part unless the Regional Director approves the use of a different form.
(b) A converting credit union will provide the Regional Director with a copy of the notice and ballot, including any reasons for conversion and estimated costs of conversion, on or before the date the notice and ballot are mailed to the members.
(c) Federally insured state-chartered credit unions may include additional language in the notice and ballot regarding state requirements for mergers, where appropriate.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.