Iowa Administrative Rules (Last Updated: December 07, 2016) |
Department 181. Commerce Department |
Division 189. Credit Union Division |
Chapter 3. CONVERSION OF AN IOWA-CHARTERED CREDIT UNION TO ANOTHER CHARTER TYPE |
Section 189.3.1. Definitions.
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As used in this chapter:
“Credit union” means credit union as defined in the Iowa Credit Union Act, Iowa Code section 533.102.
“Federal banking agencies” means federal banking agencies as defined in Section 3 of the Federal Deposit Insurance Act.
“Federal credit union” means credit union as defined in Section 101 of the Federal Credit Union Act, 12 U.S.C. 1752(1).
“Mutual savings bank” and “savings association” have the same meaning as defined in Section 3 of the Federal Deposit Insurance Act.
“Senior management official” means a chief executive officer, an assistant chief executive officer, a chief financial officer, and any other senior executive officer as defined by the appropriate federal banking agency pursuant to Section 32(f) of the Federal Deposit Insurance Act, 12 U.S.C. 1831i(f).
“Superintendent” means the superintendent of credit unions of the Iowa credit union division of the department of commerce.