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§ 708a.311 Voting incentives.

12 CFR 708a.311

Citation12 CFR 708a.311
CorpusDaily eCFR
Displayed edition2026-09-08
Last updated2026-09-08

§ 708a.311 Voting incentives.

If a merging credit union offers an incentive to encourage members to participate in the vote, including a prize raffle, every reference to such incentive made by the credit union in a written communication to its members must also state that members are eligible for the incentive regardless of whether they vote for or against the proposed merger.