AS 06.45.280: Merger.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 45. Alaska Credit Union Act.
(a) A credit union may merge with another credit union under a plan agreed upon by a majority of the board of directors of each credit union and approved by a majority of the members of each credit union present at meetings called to approve the plan.
(b) The commissioner may by regulation establish further procedures governing mergers.
Collected 2026-09-02T06:16:15Z. Source file · JSON