District of Columbia § 26-521 Conversion of District credit unions into federal credit unions — Procedure.

District of Columbia Statutes

§ 26-521 — Conversion of District credit unions into federal credit unions — Procedure.

District of Columbia·Title 26 Banks and Other Financial Institutions.·Ch. 5 Credit Unions.·Subch. II General pre-2020.

Any credit union organized under the District of Columbia Credit Unions Act (47 Stat. 326) [P.L. 72-190], as amended, may apply for conversion into a federal credit union by filing with the Administrator of the National Credit Union Administration (hereinafter referred to as the Administrator), pursuant to a resolution adopted by a majority of its directors, an organization certificate meeting the requirements of § 4 of the Federal Credit Union Act (§ 1753 of Title 12, United States Code  ), as amended.

Free access — add to your briefcase to read the full text and ask questions with AI

Any credit union organized under the District of Columbia Credit Unions Act (47 Stat. 326) [P.L. 72-190], as amended, may apply for conversion into a federal credit union by filing with the Administrator of the National Credit Union Administration (hereinafter referred to as the Administrator), pursuant to a resolution adopted by a majority of its directors, an organization certificate meeting the requirements of § 4 of the Federal Credit Union Act (§ 1753 of Title 12, United States Code ), as amended.

District of Columbia § 26-521 (Conversion of District credit unions into federal credit unions — Procedure.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.