708a.9—Other regulatory oversight of methods and procedures of membership vote.

The federal or state regulatory agency that will have jurisdiction over the financial institution after conversion must verify the membership vote and may direct that a new vote be taken, if it disapproves of the methods by which the membership vote was taken or the procedures applicable to the membership vote.

Code of Federal Regulations

Effective Date Note: At 75 FR 81386, Dec. 28, 2010, § 708a.9 was redesignated as § 708a.109, effective Jan. 27, 2011.

CFR

708a.9—Other regulatory oversight of methods and procedures of membership vote.

Code of Federal Regulations