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Code · CFR · Title 12 — Banks and Banking · Part 710 — Voluntary Liquidation · § 710.9

§ 710.9. Federally insured state-chartered credit unions.

54 words·~1 min read·/us/cfr/t12/s§ 710.9·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A federal insured state credit union will notify the Regional Director in writing within three days after the board of directors' decision to liquidate is made. A balance sheet and income statement as of the previous month-end and a copy of any liquidation plan will be included with the notification to the Regional Director.
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§ 710.9
Federally insured state-chartered credit unions.
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