12 C.F.R. § 747.3006

Conservatorship or liquidation of critically undercapitalized corporate credit union.

Last amended: 2017Year: 2026Length: 32 wordsOfficial source

Cite as 12 C.F.R. § 747.3006 (2026)

Notwithstanding any other provision of this title, the NCUA may, without any administrative due process, immediately place into conservatorship or liquidation any corporate credit union that has been categorized as critically undercapitalized.
12 C.F.R. § 747.3006: Conservatorship or liquidation of critically undercapitalized corporate credit union. | Justis AI