12 CFR 710.1 - Definitions.
For the purpose of this part, the following definitions apply:
(a) Voluntary liquidation means the dissolution of a solvent Federal credit union with the assets being sold or collected, liabilities paid, and shares distributed under the direction of the board of directors or its duly appointed liquidating agent.
Title 12 published on 2013-01-01
no entries appear in the Federal Register after this date.