Indiana Code > Title 28 > Article 7 > Chapter 2.5 – Conservatorship of Credit Unions


§ 28-7-2.5-1	Application of chapter
§ 28-7-2.5-2	Application of definitions
§ 28-7-2.5-3	Appointment of conservator; bond or security; eligible conservators
§ 28-7-2.5-4	Reimbursement of department; administrative expenses
§ 28-7-2.5-5	Possession of books, records, and assets; conservation of assets; powers and obligations of conservator; rights of parties
§ 28-7-2.5-6	Amounts available to members, depositors, and creditors; new shares, deposits, and assets; return of control to board
§ 28-7-2.5-7	Loans in aid of operation or reorganization; security
§ 28-7-2.5-8	Termination of conservatorship; appointment of receiver; liquidation
§ 28-7-2.5-9	Adoption of rules

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Lien: A claim against real or personal property in satisfaction of a debt.
Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) ^{Source: OCC}
United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5