Title 12

SECTION 710.9

710.9 Federally insured state-chartered credit unions.

§ 710.9 Federally insured state-chartered credit unions.

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.

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