Sec. 28. A credit union may: (1) with department approval; or (2) by meeting the department's established criteria to be exempt from the department's approval; change its place of business. The department may deny the change of location if the new situs is undesirable or would detrimentally affect the operation of the credit union. Formerly: Acts 1961, c.182, s.28. As amended by P.L.263-1995, SEC.25; P.L.69-2018, SEC.57.
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