4 N.C. Admin. Code 6C.0209

Current through Register Vol. 39, No. 6, September 16, 2024

Section 06C .0209 - OUT OF STATE OFFICE FACILITIES

Before a credit union may open a branch office in another state, a written request shall be submitted to the Administrator of credit unions for his or her approval. TheAdministrator may request necessary information and conduct an investigation in evaluating the request. It shall be the responsibility of the board of directors of each credit union operating in more than one state to seek the advice of an attorney to ensure that the credit union complies with applicable state laws of the other state(s).

04 N.C. Admin. Code 06C .0209

Authority G.S. 54-109.6(a); 54-109.7; 54-109.11; 54-109.12; 54-109.16; 54-109.21(25);
Eff. April 4, 1978;
Readopted Eff. February 1, 2018.

Authority G.S. 54-109.21(25);
Eff. April 4, 1978.

Readopted by North Carolina Register Volume 32, Issue 17, March 1, 2018 effective 2/1/2018.