# 12 C.F.R. § 747.205 (2026): Order terminating insured status

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_205

## Section

- **Citation:** 12 C.F.R. § 747.205 (2026)
- **Heading:** Order terminating insured status
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter VII: NATIONAL CREDIT UNION ADMINISTRATION / Part 747: ADMINISTRATIVE ACTIONS, ADJUDICATIVE HEARINGS, RULES OF PRACTICE AND PROCEDURE, AND INVESTIGATIONS / Subpart C: Local Rules and Procedures Applicable to Proceedings for the Involuntary Termination of Insured Status / § 747.205: § 747.205   Order terminating insured status.

## Text

If, upon the record of the hearing held pursuant to § 747.204, the NCUA Board finds that any unsafe or unsound practice or condition or violation specified in the notice has been established and has not been corrected within the time prescribed under § 747.204, the NCUA Board may issue and serve upon the credit union an order terminating its status as an insured credit union on a date subsequent to the date of such finding and subsequent to the expiration of the time specified in the Notice.

## Nearby sections

- [12 C.F.R. § 747.201 (2026) § 747.201   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_201.md)
- [12 C.F.R. § 747.202 (2026) § 747.202   Grounds for termination of insurance.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_202.md)
- [12 C.F.R. § 747.203 (2026) § 747.203   Notice of charges.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_203.md)
- [12 C.F.R. § 747.204 (2026) § 747.204   Notice of intention to terminate insured status.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_204.md)
- [12 C.F.R. § 747.205 (2026) § 747.205   Order terminating insured status.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_205.md)
- [12 C.F.R. § 747.206 (2026) § 747.206   Consent to termination of insured status.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_206.md)
- [12 C.F.R. § 747.207 (2026) § 747.207   Notice of termination of insured status.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_207.md)
- [12 C.F.R. § 747.208 (2026) § 747.208   Duties after termination.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_208.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_205. Check the current official text before relying on it. Not legal advice.