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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) The Commissioner shall deposit into the Securities and Banking Trust Fund (“Fund”) all funds received from, or in connection to the regulation of, District credit unions and foreign credit unions authorized to operate in the District and from the federal government, to the extent consistent with federal law.
(b) Money in the Fund shall be available for expenses incurred in the supervision, examination, and regulation of credit unions under this subchapter.
(c) The Commissioner shall establish fees and assessments related to the supervision and regulation of credit unions through rulemaking.
Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 26-510.02. Deposit of fees in the Securities and Banking Trust Fund. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-26-510-02/
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