4 N.C. Admin. Code 6C.0902

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

Section 06C .0902 - SUCCESSOR CUSTODIAN

The plan shall provide for the appointment of a successor custodian by a person, committee, corporation or organization other than the Credit Union or any person acting in his capacity as a director, employee or agent of the Credit Union, upon notice from the Credit Union or the Administrator that the Credit Union is unwilling or unable to continue to act as custodian.

04 N.C. Admin. Code 06C .0902

Authority G.S. 54-109.12; 54-109.21(21);
Eff. February 1, 1976;
Readopted Eff. April 4, 1978;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. September 6, 2016.

Authority G.S. 54-109.12; 54-109.21(21);
Eff. February 1, 1976;
Readopted Eff. April 4, 1978.