On May 27, 2010, our office responded to the NCUA's request for comments concerning its Proposed Rule on Fiduciary Duties, Indemnification, Mergers and Conversion. Our comments can be found on the NCUA's website (here) and via the link below. Our comments are provided from the perspective of attorneys representing more than 350 federal and state chartered credit unions.
Read the complete comment letter . . . (PDF Download - 1.01 MB)