12 C.F.R. § 747.406

Cancellation of charter.

Last amended: 2017Year: 2026Length: 42 wordsOfficial source

Cite as 12 C.F.R. § 747.406 (2026)

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.
12 C.F.R. § 747.406: Cancellation of charter. | Justis AI