Iowa Admin. Code r. 189-3.8

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 189-3.8 - Other regulatory oversight of methods and procedures of membership vote

The federal agency that will have jurisdiction over the financial institution after conversion may subject the membership vote to verification and may direct that a new vote be taken if it disapproves of the methods by which the membership vote was taken or of the procedures applicable to the membership vote.