§ 708a.102 Authority to convert.

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Title 12 CFR: Banks and Banking › Chapter VII: NATIONAL CREDIT UNION ADMINISTRATION › Part 708a: BANK CONVERSIONS AND MERGERS › Subpart A: Conversion of Insured Credit Unions to Mutual Savings Banks › § 708a.102: § 708a.102 Authority to convert.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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A credit union, with the approval of its members, may convert to a mutual savings bank or a savings association that is in mutual form without the prior approval of the NCUA, subject to applicable law governing mutual savings banks and savings associations and the other requirements of this part.

[71 FR 77167, Dec. 22, 2006. Redesignated at 75 FR 81386, Dec. 28, 2010]

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