D.C. Code § 26-502.05: Name of District credit union.
Where this section sits in the code
- Title 26. Banks and Other Financial Institutions.
- Chapter 5. Credit Unions.
- Subchapter I. Credit Union Act of 2020.
- Part B. Credit Union Organization.
(a)
The name of a District credit union shall include the phrase "credit union". No District credit union may adopt a name identical to the name of any other federal or foreign credit union doing business in the District, or a name similar to the name of any federal or foreign credit union doing business in the District that will be misleading or cause confusion.
(b)
No person, other than a District credit union, a federal credit union, a foreign credit union, an association of credit unions, or an organization or corporation whose membership or ownership is limited to credit unions or credit union organizations may:
(1)
Use a name or title containing the phrase "credit union" or any derivation thereof;
(2)
Represent itself as a credit union; or
(3)
Conduct business as a credit union.
Collected 2026-08-29T05:44:07Z. Source file · JSON