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12 U.S.C. 1766(a), 1786, and 1787.
58 FR 35365, July 1, 1993, unless otherwise noted.
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Nomenclature changes to part 710 appear at 84 FR 1607, Feb. 5, 2019.
A federal insured state credit union will notify the Regional Director in writing within three days after the board of directors' decision to liquidate is made. A balance sheet and income statement as of the previous month-end and a copy of any liquidation plan will be included with the notification to the Regional Director.