04 NCAC 16G .0608         ELECTIVE NOTICE TO NON‑VOTING ACCOUNT HOLDERS

The applicant may give notice in accordance with this Subchapter of the proposed conversion and the meeting of the members by letter or other written communication authorized for use by the administrator to eligible account holders and supplemental account holders who are not voting members.

 

History Note:        Authority G.S. 54C‑33; 54C‑53;

Eff. February 15, 1992.