Insuring organization definition

Insuring organization means an organization that provides aid and financial assistance to credit unions that are in the process of liquidation or are incurring financial difficulty in order that the share and deposit accounts in the credit unions shall be protected or guaranteed against loss or without limit or up to a specified level for each account.
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Insuring organization means the national credit union
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Insuring organization means the national credit union administration or successor organization or any other equivalent insurer approved by the superintendent.
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More Definitions of Insuring organization

Insuring organization. MEANS THE FEDERAL DEPOSIT INSURANCE CORPORATION, THE NATIONAL CREDIT UNION ADMINISTRATION OR ITS SUCCESSOR OR ANY OTHER EQUIVALENT DEPOSIT INSURER APPROVED BY THE SUPERINTENDENT.
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Insuring organization means a cooperative share insurance fund or a guaranty corporation or credit union that provides aid and financial assistance to credit unions that are in the process of liquidation or are incurring financial difficulty in order that the share and deposit accounts in the credit unions will be protected or guaranteed against loss up to a specified level for each account.
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Related to Insuring organization

  • Banking organization means a bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, or any organization defined by law as a bank or banking organization.

  • Sponsoring organization means any organization that establishes,

  • Clearing Organization means The Depository Trust Company, or, if agreed to by Borrower and Lender, such other clearing agency at which Borrower (or Borrower's agent) and Lender (or Lender's agent) maintain accounts, or a book-entry system maintained by a Federal Reserve Bank.

  • Surviving organization means the organization resulting from a merger which:

  • Converting organization means an organization that

  • Member organization means any individual, corporation, limited liability company, partnership, or association that belongs to an association.

  • Financial organization means any bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, savings and loan association, credit union, cooperative bank, small loan company, sales finance company, investment company, or any type of insurance company.

  • Supervised financial organization means a person, other than an insurance company or other organization primarily engaged in an insurance business:

  • international organization shall have the meanings set forth in Section 7701 of the Code or successor provisions.

  • Student organization means a group, club or organization having students as its primary members or participants. It includes grade levels, classes, teams, activities or particular school events. A student organization does not have to be an official school organization to come within the terms of this definition.

  • Provider Organization means a group practice, facility, or organization that is:

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Indian organization means the governing body of any Indian tribe or entity established or recognized by the governing body of an Indian tribe for the purposes of 25 U.S.C., chapter 17.

  • Metropolitan planning organization means the same as that term is defined in Section 72-1-208.5.

  • Political organization means a party, committee, association, fund, or other organization (whether or not incorporated) that is required to file a statement of organization with the State Board of Elections or a county clerk under Section 9-3 of the Election Code (10 ILCS 5/9-3), but only with regard to those activities that require filing with the State Board of Elections or a county clerk.

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.

  • Review organization means a disability insurer regulated

  • Health care organization ’ means any person or en-

  • Motorcycling Organisation means and includes MA, and the MA members (including the SCBs and affiliated clubs) and where the context so permits, their respective directors, officers, members, servants or agents.

  • Domestic organization means an organization created under the laws of this state.