← Independent regulator rules (SEC/Fed/FDIC/SBA/FTC/NCUA/CPSC/FHFA/EEOC/NLRB)

Mergers or Conversions of Federally-Insured Credit Unions to Non Credit Union Status: NCUA Approval

NCUA · final-rule · Published 1998-03-04 · Effective 1998-04-01 · 63 FR 10515

Document

Document number
98-5451
Federal Register citation
63 FR 10515
CFR reference
12 CFR 708
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
1998-03-04
Effective date
1998-04-01

Abstract

The final rule adds a new provision to the disclosure statement in regulations relating to NCUA approval of mergers or conversions of federally-insured credit unions to non credit union status. Credit unions are required to disclose in plain English on the cover page of the disclosure statement specific facts relating to the proposed transaction's impact on the members.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown