§ 7-215. Notice to Commissioner

Latest version.

   A credit union share guaranty corporation shall provide written notice to the Commissioner of:

   (1) The receipt from a credit union of an application for participation in the credit union share guaranty corporation;

   (2) The credit union share guaranty corporation's underwriting decision regarding the application for participation; and

   (3) The voluntary or involuntary termination of the participation of a credit union in the credit union share guaranty corporation.

HISTORY: 2002, ch. 540.

                    
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