12 C.F.R. § 747.401

Current through November 30, 2024
Section 747.401 - Scope

The rules and procedures set forth in this subpart and subpart A of this part are applicable to proceedings by the NCUA Board pursuant to section 120(b)(1) of the Act (12 U.S.C. 1766(b)(1) ) to suspend or revoke the charter of a solvent Federal credit union, and to place a solvent Federal credit union into involuntary liquidation. To the extent a rule or procedure set forth in subpart A of this part is inconsistent with a rule or procedure set forth in this subpart E, subpart E shall control.

12 C.F.R. §747.401

56 FR 37767, Aug. 8, 1991; 57 FR 523, Jan. 7, 1992