---
kind: "section"
citation: "12 C.F.R. § 747.401"
title: "12"
number: "747.401"
heading: "Scope."
url: "https://uscodex.org/cfr/12/747.401"
---

# §747.401. Scope.


The rules and procedures set forth in this subpart and [subpart A](/cfr/12/subpartA.md) of this part are applicable to proceedings by the NCUA Board pursuant to section 120(b)(1) of the Act ([12 U.S.C. 1766(b)(1)](/usc/12/1766.md?p=b-1)) to suspend or revoke the charter of a solvent Federal credit union, and to place a solvent Federal credit union into involuntary liquidation. To the extent a rule or procedure set forth in [subpart A](/cfr/12/subpartA.md) of this part is inconsistent with a rule or procedure set forth in this subpart E, [subpart E](/cfr/12/subpartE.md) shall control.


## Notes

### Amendments

[56 FR 37767, Aug. 8, 1991; 57 FR 523, Jan. 7, 1992]

### Authority

Authority: 12 U.S.C. 1766, 1782, 1784, 1785, 1786, 1787, 1790a, 1790d; 15 U.S.C. 1639e; 42 U.S.C. 4012a; Pub. L. 101-410; Pub. L. 104-134; Pub. L. 109-351; Pub. L. 114-74.

### Source

Source: 56 FR 37767, Aug. 8, 1991, unless otherwise noted.

### Amendments

[56 FR 37767, Aug. 8, 1991; 57 FR 523, Jan. 7, 1992]