12 C.F.R. § 708a.112

Voting incentives.

Last amended: 2017Year: 2026Length: 72 wordsOfficial source

Cite as 12 C.F.R. § 708a.112 (2026)

If a converting credit union offers an incentive to encourage members to participate in the vote, including a prize raffle, every reference to such incentive made by the credit union in a written communication to its members must also state that members are eligible for the incentive regardless of whether they vote for or against the proposed conversion. [71 FR 77167, Dec. 22, 2006. Redesignated at 75 FR 81386, Dec. 28, 2010]
12 C.F.R. § 708a.112: Voting incentives. | Justis AI