§ 1774. Approval of certificate; assets and obligations of applicant credit union

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The Board shall approve any such organization certificate meeting such requirements. Upon such approval, the applicant credit union shall become a Federal credit union, and shall be vested with all of the assets and shall continue responsible for all of the obligations of such applicant credit union to the same extent as though the conversion had not taken place.

(Pub. L. 88–395, § 2, Aug. 1, 1964, 78 Stat. 377; Pub. L. 91–206, § 3, Mar. 10, 1970, 84 Stat. 49; Pub. L. 95–630, title V, § 501, Nov. 10, 1978, 92 Stat. 3680.)

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U.S. Code

National Credit Union Administration
§ 1752a

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Pub. L. 88–395, § 2
78 Stat. 377
Pub. L. 91–206, § 3
84 Stat. 49
Pub. L. 95–630, title V, § 501
92 Stat. 3680
section 3 of Pub. L. 91–206
section 501 of Pub. L. 95–630

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§ 1774

Approval of certificate; assets and obligations of applicant credit union

U.S.C.§ 1752a

Pub. L.Pub. L. 88–395, § 2

Stat.78 Stat. 377

Pub. L.Pub. L. 91–206, § 3

Stat.84 Stat. 49

Pub. L.Pub. L. 95–630, title V, § 501

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