§ 741.7. Conversion to a state-chartered credit union.
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/us/cfr/t12/s§ 741.7·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any federal credit union that petitions to convert to a state-chartered federally insured credit union is required to apply to the Regional Director for continued insurance of its accounts and meet the requirements as stated in the Act and this part. If the application for continued insurance is not approved, such insurance will terminate subject to the conditions set forth in section 206(d) of the Act.
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§ 741.7
Conversion to a state-chartered credit union.
Fed. Reg.×4
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