12 USC 1756 – Reports and examinations
Current as of: 2024 | Check for updates
|
Other versions
Federal credit unions shall be under the supervision of the Board, and shall make financial reports 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 purpose shall make its books and records accessible to, any person designated by the Board.
Terms Used In 12 USC 1756
- Board: means the National Credit Union Administration Board. See 12 USC 1752
- Federal credit union: means a cooperative association organized in accordance with the provisions of this chapter for the purpose of promoting thrift among its members and creating a source of credit for provident or productive purposes. See 12 USC 1752