• § 7-1-640 - Appointment of Conservators; Authority; Reporting Requirement
  (a) The department may, in its discretion, appoint itself or a third party as conservator for a credit union when the credit union: (1)...
• § 7-1-641 - Certificate of Appointment
  (a) The department shall, immediately after appointing a conservator, file with the principal court of a credit union a certificate to be known as...
• § 7-1-642 - Costs; Immunity
  (a) All costs incident to conservatorship will be charged against the assets of the credit union to be allowed and paid as the department...
• § 7-1-643 - Appointment of Department As Conservator
  (a) Whenever any court, upon the initiation of the department or other person entitled by law to institute such proceedings, determines that a conservator...
• § 7-1-644 - Bond
  (a) If the department appoints a conservator other than a public body of the United States that insures the shares of a credit union,...
• § 7-1-645 - Show Cause Requirement; Appointment of Receiver; Role of Conservator; Limitation on Court's Role
  (a) No later than ten days after the date a conservator is appointed pursuant to Code Section 7-1-640, a credit union may apply to...

Last modified: October 14, 2016