™Your Policy Risk Impact Agent
8 chapters · 61 sections in this title.
17 Pa.C.S. § 1101 Conversion into Federal credit union
2.5K chars
(a) General rule.--A credit union may be converted into a Federal credit union by complying with the following requirements: (1) The proposition for such conversion shall first be approved by a majority vote of the directors of the credit union who shall also set a date for the v…
17 Pa.C.S. § 1102 Conversion from Federal credit union
3.5K chars
(a) General rule.--A Federal credit union may be converted into a credit union subject to the provisions of this title by: (1) Complying with all Federal requirements requisite to enabling it to convert to a credit union or to cease being a Federal credit union. (2) Filing with t…
17 Pa.C.S. § 1103 Merger and consolidation authorized
1.2K chars
(a) General rule.--A credit union subject to this title may merge or consolidate with other credit unions, with Federal credit unions, with out-of-State credit unions or with a combination of other credit unions, Federal credit unions and out-of-State credit unions to form a cred…
17 Pa.C.S. § 1104 Adoption of plan
2.1K chars
(a) General rule.--The board of directors of each of the credit unions, Federal credit unions or out-of-State credit unions which desire to merge or consolidate shall, by resolution adopted by at least a majority of all the members of each board, approve a plan of merger or conso…
