StacksVerified U.S. regulatory reference

12 CFR §747.406

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Upon the completion of the liquidation and certification by the agent for the liquidating agent that the distribution of the assets of the Federal credit union has been completed, the NCUA Board shall cancel the charter of the Federal credit union concerned.