Chapter 678 - Credit Unions
- ADMINISTRATION
- 678.250 - Administration of chapter; regulations of Commissioner.
- 678.260 - Duties of Commissioner; regulations.
- 678.270 - Powers of Commissioner concerning regulations and legal actions.
- 678.275 - Certain relationships between employee of Division of Financial Institutions and licensee prohibited; termination of prohibited relationship.
- 678.282 - Application for license: Additional requirements; fingerprints; grounds for refusal to issue license.
- 678.284 - Suspension or revocation of license: Additional grounds.
- 678.286 - Use or change of business name; prohibitions.
- 678.288 - Authorization of Commissioner to investigate business; free access required; compelling attendance of witnesses.
- 678.290 - Credit Union Advisory Council.
- CENTRAL CREDIT UNIONS
- DIRECTORS, OFFICERS AND COMMITTEES
- 678.350 - Board of directors: Number, election and terms of members; procedure for filling vacancy.
- 678.360 - Board of directors: Responsibilities; meetings; executive committee.
- 678.370 - Board of directors: Duties.
- 678.380 - Board of directors: Powers.
- 678.390 - Appointment of audit committee: Duties; powers; suspension of member; employment of certified or registered public accountant.
- 678.400 - Credit committee; loan officer.
- 678.410 - Removal of director, officer or employee on objection of Commissioner.
- 678.420 - Officers: Election; designation; bonds; terms; duties.
- 678.430 - List of directors, officers and committee members.
- 678.440 - Fiduciary relationship of directors and officers.
- 678.450 - Compensation and expenses of directors, officers and members.
- DISSOLUTION AND LIQUIDATION
- 678.820 - Voluntary dissolution.
- 678.830 - Involuntary dissolution: Suspension of operations; corrective actions; declaration of insolvency; liquidation.
- 678.835 - Involuntary dissolution: Appointment of liquidating agent for credit union closed by bankruptcy or insolvency.
- 678.840 - Procedure for liquidation.
- EXPLOITATION OF OLDER PERSONS OR VULNERABLE PERSONS
- 678.767 - Definitions.
- 678.769 - “Designated reporter” defined.
- 678.771 - “Exploitation” defined.
- 678.773 - “Older person” defined.
- 678.775 - “Reasonable cause to believe” defined.
- 678.777 - “Vulnerable person” defined.
- 678.778 - Training; reporting to designated reporter.
- 678.779 - Designated reporter: Designation; duty to report; immunity.
- FOREIGN CREDIT UNIONS
- 678.342 - Certificate of authority required.
- 678.343 - Application for certificate of authority: Filing; form; contents; withdrawal of application.
- 678.3435 - Fee for initial investigation; annual fees; costs for additional investigations; regulations.
- 678.344 - Requirements for issuance of certificate.
- 678.345 - Applicable law; filing of annual report.
- 678.3455 - Application for certificate of authority to open branch offices.
- 678.346 - Examination of records; revocation of certificate.
- FORMATION
- GENERAL PROVISIONS
- 678.010 - Definitions.
- 678.020 - “Account” defined.
- 678.030 - “Beneficiary” defined.
- 678.040 - “Board” defined.
- 678.050 - “Chair” defined.
- 678.061 - “Commissioner” defined.
- 678.070 - “Credit union” defined.
- 678.080 - “Demand” defined.
- 678.090 - “Department” defined.
- 678.100 - “Deposits” defined.
- 678.110 - “Director” defined.
- 678.120 - “Dividend” defined.
- 678.125 - “Fixed assets” defined.
- 678.130 - “Immediate family” defined.
- 678.140 - “Loan officer” defined.
- 678.145 - “Member” defined.
- 678.150 - “Merger” defined.
- 678.160 - “Multiple-party account” defined.
- 678.170 - “Net contribution” defined.
- 678.180 - “Party” defined.
- 678.190 - “Payment” defined.
- 678.210 - “Proof of death” defined.
- 678.220 - “Sums on deposit” defined.
- 678.230 - “Trust account” defined.
- LOANS; INVESTMENTS
- 678.710 - Loans to members: Application; approval; limitations; participation loans; payment.
- 678.720 - Loans to members: Extension of previous maximum credit; review.
- 678.730 - Loans to and guaranties by directors and members of committees.
- 678.740 - Security for loans.
- 678.750 - Insurance of members and accounts.
- 678.755 - Approval of private insurer and contract of insurance; regulations; reserve.
- 678.760 - Authorized investments.
- MEMBERSHIP; ACCOUNTS
- 678.510 - Eligibility for membership.
- 678.520 - Eligibility of minor; limitations.
- 678.530 - Subscription to and transfer of shares; lien for sums due; reduction in shares.
- 678.540 - Real and personal property subject to taxation.
- 678.550 - Meetings of members.
- 678.560 - Savings deposits; special clubs and accounts.
- 678.570 - Multiple-party accounts: Authorization; disbursement of money; limitations.
- 678.580 - Presumptions concerning ownership of accounts.
- 678.590 - Multiple-party accounts: Proportional ownership; tenancy in common.
- 678.600 - Multiple-party accounts: Survivorship.
- 678.610 - Trust accounts.
- 678.620 - Payment as valid discharge of credit union.
- 678.630 - Payment of trust accounts.
- 678.640 - Payment of multiple-party accounts.
- MERGER; CONVERSIONS
- PENALTIES
- POWERS AND PRIVILEGES
- 678.460 - General powers; waiver or modification of law by Commissioner.
- 678.470 - Receiving and paying out deposits; borrowing, selling and purchasing assets.
- 678.480 - Fees and assessments.
- 678.490 - Membership in other credit union or organization; performance of certain services.
- 678.500 - Donations and contributions.
- RECORDS AND REPORTS; EXAMINATIONS
- RESERVES; DIVIDENDS