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Code · CFR · Title 12 — Banks and Banking · Part 747 — Administrative Actions, Adjudicative Hearings, Rules of Practice and Procedure, and Investigations · § 747.401

§ 747.401. Scope.

100 words·~1 min read·/us/cfr/t12/s§ 747.401·

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The rules and procedures set forth in this subpart and subpart A of this part are applicable to proceedings by the NCUA Board pursuant to section 120(b)(1) of the Act (12 U.S.C. 1766(b)(1)) to suspend or revoke the charter of a solvent Federal credit union, and to place a solvent Federal credit union into involuntary liquidation. To the extent a rule or procedure set forth in subpart A of this part is inconsistent with a rule or procedure set forth in this subpart E, subpart E shall control. [56 FR 37767, Aug. 8, 1991; 57 FR 523, Jan. 7, 1992]
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