R337-2-1. Authority, Scope and Purpose

(1) This rule is issued pursuant to Sections 7-1-301 and 7-1-706, and Subsection 7-1-713(4). (2) This rule applies to federally chartered credit union converting to a state chartered credit union. (3) This rule establishes the requirements and procedures for converting from a federally chartered credit union to a state chartered credit union.