12 C.F.R. § 708a.8 Other regulatory oversight of methods and procedures of membership vote.
Title 12 - Banks and Banking
The Federal or State regulatory agency that will have jurisdiction over the financial institution after conversion must verify the membership vote and may direct that a new vote be taken, if it disapproves of the methods by which the membership vote was taken or the procedures applicable to the membership vote.
Title 12: Banks and Banking
PART 708a—CONVERSION OF INSURED CREDIT UNIONS TO MUTUAL SAVINGS BANKS
§ 708a.8 Other regulatory oversight of methods and procedures of membership vote.
