1. If any credit union neglects for thirty days to make the required reports or to pay the required charges, including charges for delay in filing reports, the director shall notify such credit union of his or her intention to revoke its certificate of approval.

2. If such neglect or failure continues for an additional fifteen days, the director may revoke the certificate of approval of such credit union.

Terms Used In Missouri Laws 370.130

  • State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020

3. Whenever the director revokes the certificate of approval of any credit union, he or she shall file notice of such revocation with the secretary of state.

  Previous section
Next section  
 Chapter 370 Contents