GroundRules
12 CFR 708a.102: a.102 Authority to convert.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION
- SUBCHAPTER A—REGULATIONS AFFECTING CREDIT UNIONS
- PART 708a—BANK CONVERSIONS AND MERGERS
- Subpart A—Conversion of Insured Credit Unions to Mutual Savings Banks
A credit union, with the approval of its members, may convert to a mutual savings bank or a savings association that is in mutual form without the prior approval of the NCUA, subject to applicable law governing mutual savings banks and savings associations and the other requirements of this part.
Collected 2026-08-27T02:24:16Z. Source file · JSON