§ 708a.9 - Other regulatory oversight of methods and procedures of membership vote.

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The federal or state regulatory agency that will have jurisdiction over the financial institution after conversion must verify the membership vote and may direct that a new vote be taken, if it disapproves of the methods by which the membership vote was taken or the procedures applicable to the membership vote.
Effective Date Note:
At 75 FR 81386, Dec. 28, 2010, § 708a.9 was redesignated as § 708a.109, effective Jan. 27, 2011.

                    
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