Share insurance communication

Share insurance communication means any written communication, excluding the forms in subpart C of this part, that is made by or on behalf of a federally-insured credit union that is intended to be read by two or more credit union members and that mentions share insurance conversion or termination. The term:
(1) Includes communications delivered or made available before, during, and after the credit union's board of directors decides to seek conversion or termination.
(2) Includes, but is not limited to, communications delivered or made available by mail, e-mail, and internet website posting.
(3) Does not include communications intended to be read only by the credit union's own employees or officials.

Source

12 CFR § 708b.2


Scoping language

None
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