Title 26 — Banks and Other Financial Institutions.
22 chapters · 372 sections in this title.
D.C. Code § 26-501 Conversion of District credit unions into federal credit unions — Procedure
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Any credit union organized under the District of Columbia Credit Unions Act (47 Stat. 326) [P.L. 72-190], as amended, may apply for conversion into a federal credit union by filing with the Administrator of the National Credit Union Administration (hereinafter referred to as the …
D.C. Code § 26-502 Conversion of District credit unions into federal credit unions — Approval; effect thereof
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The Administrator shall approve any such organization certificate meeting such requirements. Upon such approval, the applicant credit union shall become a federal credit union, and shall be vested with all of the assets and shall continue responsible for all of the obligations of…
D.C. Code § 26-503 Conversion of District credit unions into federal credit unions — Applicability of federal provisions; fees; liquidation of existing loans; bylaws
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Any District of Columbia credit union converting into a federal credit union in accordance with this chapter shall thereupon be subject to the limitations, vested with the powers, and charged with the liabilities conferred and imposed by the Federal Credit Union Act (§ 1751 et se…
D.C. Code § 26-504 Repeal of District of Columbia Credit Unions Act
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Effective 30 days after August 1, 1964, the District of Columbia Credit Unions Act (47 Stat. 326) [P.L. 72-190], as amended, is repealed and all organization certificates issued thereunder and still in force are revoked.