§ 31702. Organization

(a) Application to form a corporate credit union shall be made in writing to the Commissioner. A corporate credit union shall be organized and operated under the provisions of this part, except to the extent such provisions are not consistent with this subchapter.

(b) A corporate credit union shall use the word “corporate” in its name. (Added 2005, No. 16, § 1, eff. July 1, 2005.)