§ 708a.311. Voting incentives.
58 words·~1 min read·
/us/cfr/t12/s§ 708a.311·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If a merging credit union offers an incentive to encourage members to participate in the vote, including a prize raffle, every reference to such incentive made by the credit union in a written communication to its members must also state that members are eligible for the incentive regardless of whether they vote for or against the proposed merger.