54-109.92. Suspension and conservation. (a) The Administrator of Credit Unions may determine in the performance of his duties under this Subchapter that a credit union is insolvent or in imminent danger of insolvency, or that an officer, director, or employee of a credit union, or the credit union itself, acting by and through an officer, […]
54-109.93. Liquidation. (a) A credit union may elect to dissolve voluntarily and liquidate its affairs in the manner prescribed in this section. (b) The board of directors shall adopt a resolution recommending the credit union be dissolved voluntarily, and directing that the question of liquidation be submitted to the members. (c) Within 10 days after […]
54-109.94. Merger. Any credit union may, with the approval of the Administrator of Credit Unions, merge with another credit union subject to the rules and regulations set forth by the Administrator of Credit Unions. (1975, c. 538, s. 1.)
54-109.95. Conversion of charter. (a) A credit union chartered under the laws of this State may be converted to a credit union chartered under the laws of any other state or under the laws of the United States, subject to regulations issued by the Administrator of the Credit Union Division. (b) A credit union chartered […]
