12 CFR 710.0

§ 710.0 Scope.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 710.0, § 710.0 Scope, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48581
Permanent ID: ys:prov:48581@1
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Full text

This part describes the requirements that must be followed to accomplish the voluntary liquidation of a Federal credit union. Federally insured state-chartered credit unions are only subject to the notification requirement provided in § 710.9; voluntary liquidation is to be accomplished in accordance with state law or procedures established by the state regulatory authority.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.