Section 10: Conversion of credit union to mutual bank
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/ma/part-i/title-xxii/chapter-167i/10·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 10. A credit union may convert to a mutual bank pursuant to section 80A of chapter 171. A federally-chartered credit union may convert to a mutual bank pursuant to the Federal Credit Union Act subject to the approval of the commissioner under such conditions as may be imposed by the commissioner and subsection
(m)of section 80A of chapter 171.