[Code of Federal Regulations]

[Title 12, Volume 6]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 12CFR708a.6]



[Page 493]

 

                       TITLE 12--BANKS AND BANKING

 

            CHAPTER VII--NATIONAL CREDIT UNION ADMINISTRATION

 

PART 708a_CONVERSION OF INSURED CREDIT UNIONS TO MUTUAL SAVINGS BANKS

--Table of Contents

 

Sec. 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 Sec. 

708a.5 or provide copies of any new or revised materials and an 

explanation of the reasons for the changes.