§ 30804. Notification of approval or denial of application
(a) Within 60 days after the filing of a completed application, the conclusion of any public hearing, and the conclusion of any public comment period, the Commissioner shall notify the applicant of the approval or denial of the application.
(b) The Commissioner may extend the period to notify the applicant of the approval or denial of the application for an additional 30-day period by providing notice to the applicant within the time period specified in subsection (a) of this section that the Commissioner intends to extend the time period. (Added 2005, No. 16, § 1, eff. July 1, 2005.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 220 - Supervision and Regulation
§ 30202. Fees and Department expenses
§ 30203. Rules and regulations
§ 30303. Emergency closing by credit union
§ 30401. Preservation of records
§ 30502. Periodic reports from state credit unions with an office or activity in this State
§ 30503. Exemption from annual report to Secretary of State
§ 30602. Confidentiality of investigation and examination reports
§ 30603. Examinations by federal regulatory agencies; departmental participation
§ 30604. Examinations; cooperative agreements
§ 30605. Cooperative and other agreements
§ 30701. Enforcement powers of Commissioner
§ 30702. Power of Commissioner to impose corrective action
§ 30705. Commissioner’s coordination of enforcement and corrective action with home state
§ 30801. Application of subchapter
§ 30803. Hearings on applications; decisions; general good standard
§ 30804. Notification of approval or denial of application