Section 06.45.240. Conversions.

Latest version.

   (a) A federal credit union may convert into a credit union organized under this chapter by complying with applicable federal law and by qualifying under this chapter.
   (b) A credit union organized under this chapter may convert into a federal credit union by complying with this chapter and by qualifying under federal law.

Notes

History

(Sec. 2 ch 47 SLA 1980)

                    
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