17 Pa.C.S. § 1503: Supervision by department.
Where this section sits in the code
- Title 17 - CREDIT UNIONS
- CHAPTER 15 OUT-OF-STATE CREDIT UNIONS
(a) General rule.--The department may examine an out-of-State credit union:
(1) to the same extent that a Pennsylvania credit union is examined by the regulatory agency with jurisdiction over credit unions in the state in which the out-of-State credit union is incorporated; or
(2) pursuant to an agreement between the department and the regulatory agency with jurisdiction over credit unions in the state in which the out-of-State credit union is incorporated.
(b) Reports of other examinations.--The department may require, as a condition for permitting an out-of-State credit union to operate or to continue to operate in this Commonwealth, that the regulatory agency with jurisdiction over the out-of-State credit union furnish reports of examination regarding the out-of-State credit union to the department.
Collected 2026-09-02T16:31:23Z. Source file · JSON