TITLE XXXV
BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

CHAPTER 383-E
CREDIT UNION ACT

ARTICLE 12
Dissolution

Section 383-E:12-1201

    383-E:12-1201 Dissolution. – If a special meeting is called for the purpose of addressing dissolution of a credit union and a majority of the members are in attendance, upon recommendation of not less than 2/3 of the board of directors, the members may dissolve the credit union by the vote of 2/3 of the members present and voting at a meeting called for that purpose.

Source. 2015, 272:16, eff. Oct. 1, 2015.