§ 708b.205. Modifications to notice and ballot.
109 words·~1 min read·
/us/cfr/t12/s§ 708b.205·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Converting credit unions will use the form notice and ballot as provided in subpart C of this part unless the Regional Director approves the use of a different form.
(b)A converting credit union will provide the Regional Director with a copy of the notice and ballot, including any reasons for conversion and estimated costs of conversion, on or before the date the notice and ballot are mailed to the members.
(c)Federally insured state-chartered credit unions may include additional language in the notice and ballot regarding state requirements for mergers, where appropriate. [70 FR 3288, Jan. 24, 2005, as amended at 85 FR 62213, Oct. 2, 2020]