(a) General rule.-- When, in the opinion of the department, the liquidation of a credit union is complete and its affairs are fully settled, the department shall execute and file in the Department of State articles of dissolution, which shall set forth: (1) The name of the credit union. (2) The statute under which the credit union was incorporated and the date of incorporation. (3) A statement that the liquidation of the credit union is complete and its affairs are fully settled. (b) Filing procedures.-- A certificate or statement provided for by 15 Pa.C.S. § 139 (relating to tax clearance of certain fundamental transactions) shall not be required and the Department of State shall not charge a fee in connection with the filing of articles of dissolution under this section. See 15 Pa.C.S. § 134 (relating to docketing statement). (c) Effect.-- Upon the filing of the articles of dissolution in the Department of State, the existence of the credit union shall cease.
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