Browse Arkansas Code titles and sections

12 U.S.C. § 1756 — Approval of organization certificate

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1756 — Approval of organization certificate

The organization certificate shall be presented to the Board for approval. Before any organization certificate is approved, an appropriate investigation shall be made for the purpose of determining (1) whether the organization certificate conforms to the provisions of this chapter; (2) the general character and fitness of the subscribers thereto; and (3) the economic advisability of establishing the proposed Federal credit union. Upon approval of such organization certificate by the Board it shall be the charter of the corporation, and one of the originals thereof shall be delivered to the corporation after the payment of the fee required therefor. Upon such approval the Federal credit union shall be a body corporate and as such, subject to the limitations herein contained, shall be vested with all of the powers and charged with all of the liabilities conferred and imposed by this chapter upon corporations organized hereunder.

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1756

Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.

Original supplied file — preserved unchanged

Download original Markdown file

File SHA-256: f328f449ba70230d5634c52d9129362251609c97f794bb984f15a8ad0d2fbeca. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.

Authority boundary: historical or unconfirmed source not current law verified.

Open the recorded source website ↗

Record provenance

Stable record: federal_law:legal_authorities:record_usc_211634620c9f80ee37af0524
Source file: Laws/federal/codes/united-states-code/title-12/section-1756-approval-of-organization-certificate--b6f5b91107.md
Pages: Not recorded – Not recorded
Passage SHA-256: e983d299a71aa5070a6ca6158b483b40882a20b4b3e67ba5164dec8edbff027c

Source location: Title 12, Chapter 14, § 1756; chapter-014-federal-credit-unions.md

Stored source content

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1751 — Agent of Federal Reserve System

The facility is authorized to act upon the request of the Board of Governors of the Federal Reserve System as an agent of the Federal Reserve System in matters pertaining to credit unions under such terms and conditions as may be established by the Board of Governors of the Federal Reserve System.

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1751

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1752 — Short title

This chapter may be cited as the “Federal Credit Union Act”.

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1752

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1784 — Administration of insurance fund

**(a) Reports of condition** (1) Each insured credit union shall make reports of condition to the Board upon dates which shall be selected by it. Such reports of condition shall be in such form and shall contain such information as the Board may require. The reporting dates selected for reports of condition shall be the same for all insured credit unions except that when any of said reporting dates is a nonbusiness day for any credit union the preceding business day shall be its reporting date. The total amount of the member accounts of each insured credit union as of each reporting date shall be reported in such reports of condition in accordance with regulations prescribed by the Board. Each report of condition shall contain a declaration by the president, by a vice president, by the treasurer, or by any other officer designated by the board of directors of the reporting credit union to make such declaration, that the report is true and correct to the best of such officer’s knowledge and belief. Unless such requirement is waived by the Board, the correctness of each report of condition shall be attested by the signatures of three of the officers of the reporting credit union with the declaration that the report has been examined by them and to the best of their knowledge and belief is true and correct. (2) The Board may call for such other reports as it may from time to time require. (3) The Board may require reports of condition to be published in such manner, not inconsistent with any applicable law, as it may direct. Any insured credit union which maintains procedures reasonably adapted to avoid any inadvertent error and, unintentionally and as a result of such an error, fails to submit or publish any report required under this subsection or [section 1756 of thi

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1784

Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1756 — Reports and examinations

Page 860 TITLE 12—BANKS AND BANKING § 1756 § 1756. Reports and examinations Federal credit unions shall be under the super- vision of the Board, and shall make financial re- ports to it as and when it may require, but at least annually. Each Federal credit union shall be subject to examination by, and for this pur- pose shall make its books and records accessible to, any person designated by the Board. (June 26, 1934, ch. 750, title I, § 106, formerly § 6, 48 Stat. 1218; Dec. 6, 1937, ch. 3, § 1, 51 Stat. 4; 1947 Reorg. Plan No. 1, § 401, eff. July 1, 1947, 12 F.R. 4534, 61 Stat. 952; June 29, 1948, ch. 711, §§ 1, 2, 62 Stat. 1091; renumbered § 7 and amended Pub. L. 86–354, § 1, Sept. 22, 1959, 73 Stat. 629; Pub. L. 91–206, § 2(1), Mar. 10, 1970, 84 Stat. 49; renum- bered title I, § 106, Pub. L. 91–468, § 1(2), Oct. 19, 1970, 84 Stat. 994; amended Pub. L. 95–630, title V, § 508, Nov. 10, 1978, 92 Stat. 3683.) Editorial Notes AMENDMENTS 1978—Pub. L. 95–630 substituted ‘‘Board’’ for ‘‘Admin- istrator’’ in two places and ‘‘reports to it as and when it’’ for ‘‘reports to him as and when he’’ and struck out provisions relating to the payment of an examination fee by Federal credit unions and the deposit of such fee to the credit of the special fund created by section 1755 of this title. 1970—Pub. L. 91–206 substituted ‘‘Administrator’’ for ‘‘Director’’ in three places. 1959—Pub. L. 86–354 provided for the making of re- ports to the Director as and when he may require. 1937—Act Dec. 6, 1937, inserted ‘‘giving due consider- ation to the time and expense incident to such exami- nations, and to the ability of Federal credit unions to pay such fees’’ and struck out proviso relating to condi- tions relieving certain unions from payment of exam- ination fee

Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 1756

Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.