12 C.F.R. § 708a.6   Certification of vote on conversion proposal.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 708a—CONVERSION OF INSURED CREDIT UNIONS TO MUTUAL SAVINGS BANKS

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§ 708a.6   Certification of vote on conversion proposal.

The board of directors of the converting credit union must certify the results of the membership vote to the Regional Director within 10 calendar days after the vote is taken. The board of directors must also certify at this time that the notice, ballot and other written materials provided to members were identical to those submitted pursuant to §708a.5 or provide copies of any new or revised materials and an explanation of the reasons for the changes.

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