---
kind: "section"
citation: "12 C.F.R. § 708b.1"
title: "12"
number: "708b.1"
heading: "Scope."
url: "https://uscodex.org/cfr/12/708b.1"
---

# §708b.1. Scope.

- (a) Subpart A of this part prescribes the procedures for merging one or more credit unions with a continuing credit union where at least one of the credit unions is federally insured.
- (b) Subpart B of this part prescribes the procedures and notice requirements for termination of federal insurance or conversion of federal insurance to non-Federal insurance, including termination or conversion resulting from a merger.
- (c) Subpart C prescribes required forms for use in conversion of federal insurance to non-Federal insurance.
- (d) Nothing in this part restricts or otherwise impairs the authority of the NCUA to approve a merger pursuant to [section 205(h)](/cfr/12/205.md?p=h) of the Act.
- (e) This part does not address procedures or requirements that may be applicable under state law for a state credit union.

## Notes

### Amendments

[70 FR 3288, Jan. 24, 2005, as amended at 85 FR 62213, Oct. 2, 2020]

### Authority

Authority: 12 U.S.C. 1752(7), 1766, 1785, 1786, 1789.

### Source

Source: 70 FR 3288, Jan. 24, 2005, unless otherwise noted.

### Amendments

[70 FR 3288, Jan. 24, 2005, as amended at 85 FR 62213, Oct. 2, 2020]