§ 747.3006. Conservatorship or liquidation of critically undercapitalized corporate credit union.
32 words·~1 min read·
/us/cfr/t12/s§ 747.3006·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any other provision of this title, the NCUA may, without any administrative due process, immediately place into conservatorship or liquidation any corporate credit union that has been categorized as critically undercapitalized.