D.C. Code § 26-521

Current through codified legislation effective October 30, 2024
Section 26-521 - Conversion of District credit unions into federal credit unions - Procedure

Any credit union organized under the District of Columbia Credit Unions Act (47 Stat. 326) [ P.L. 72-190 ], as amended, may apply for conversion into a federal credit union by filing with the Administrator of the National Credit Union Administration (hereinafter referred to as the Administrator), pursuant to a resolution adopted by a majority of its directors, an organization certificate meeting the requirements of § 4 of the Federal Credit Union Act (§ 1753 of Title 12, United States Code ), as amended.

D.C. Code § 26-521

Aug. 1, 1964, 78 Stat. 377, Pub. L. 88-395, § 1.