During the period of supervisory direction, the director may prohibit the credit union from engaging in any of the following acts without prior approval: (1) Disposing of, conveying, or encumbering any of its assets; (2) Withdrawing any of its accounts at other financial institutions; (3) Lending any of its funds; (4) Investing any of its funds; (5) Transferring any of its property; or (6) Incurring any debt, obligation, or liability.
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