12 CFR 710.9
§ 710.9 Federally insured state-chartered credit unions.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 710.9, § 710.9 Federally insured state-chartered credit unions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48590
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Full text
A federal insured state credit union will notify the Regional Director in writing within three days after the board of directors' decision to liquidate is made. A balance sheet and income statement as of the previous month-end and a copy of any liquidation plan will be included with the notification to the Regional Director.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.