Modifies requirements for notices to credit union members of certain mergers.
Amends the process for mergers of domestic credit unions. Requires the surviving credit union to notify members of assumed names, effective date, and other details. Specifies conditions for member approval of mergers, including vote requirements and notice provisions. Details the effects of approved mergers, including property vesting, member share conversion, and liability. Allows for waivers of member votes under certain conditions.
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