Kan. Admin. Regs. § 121-11-1

Current through Register Vol. 43, No. 49, December 5, 2024

Section 121-11-1 - Definitions

For purposes of this article, the following definitions shall apply:

(a) "Continuing credit union" means a credit union that continues in operation after a merger.

(b) "Merging credit union" means a credit union that ceases to exist as an operating credit union at the time of a merger.

Kan. Admin. Regs. § 121-11-1

Authorized by K.S.A. 17-2260; implementing K.S.A. 2008 Supp. 17-2228; effective May 1, 2009.