Cancellation of charter.

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  2. CFR 12
  3. Banks and Banking
  4. National Credit Union Administration
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  6. Administrative Actions, Adjudicative Hearings, Rules of Practice and Procedure, and Investigations
  7. Local Rules and Procedures Applicable to Proceedings Relating to the Suspension or Revocation of Charters and to Involuntary Liquidations Under Title I
  8. Cancellation of charter.

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§ 747.406 Cancellation of charter.

Upon the completion of the liquidation and certification by the agent for the liquidating agent that the distribution of the assets of the Federal credit union has been completed, the NCUA Board shall cancel the charter of the Federal credit union concerned.


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