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.
Sample 1Sample 2Sample 3
Insuring organization means the national credit union
Sample 1Sample 2Sample 3
Insuring organization means the national credit union administration or successor organization or any other equivalent insurer approved by the superintendent.
Sample 1Sample 2Sample 3

More Definitions of Insuring organization

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.
Sample 1
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.
Sample 1

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,

  • Competing Organization means any person or organization, including the Executive, engaged in, or about to become engaged in, research on or the acquisition, development, production, distribution, marketing or providing of a Competing Product.

  • Clearing Organization means (a) The Depository Trust Company, or, if agreed to by Borrower and Lender, such other “securities intermediary” (within the meaning of the UCC) at which Borrower (or Borrower’s agent) and Lender (or Lender’s agent) maintain accounts, or (b) a Federal Reserve Bank, to the extent that it maintains a book-entry system.

  • Participating Organization means an organization which elects to offer coverage under a Policy by completing a participation agreement that has been accepted by the Company.

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

  • Converting organization means an organization that

  • Fraternal organization means an organization, except a school fraternity, which is a

  • Educational organization means a nonprofit public or private elementary or

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

  • Tribal organization means the elected governing body of any Indian tribe or any legally established organization of Indians that is controlled by one or more such bodies or by a board of directors elected or selected by one or more such bodies (or elected by the Indian population to be served by such organization) and that includes the maximum participation of Indians in all phases of its activities; and

  • ADR Organization means The American Arbitration Association or, if The American Arbitration Association no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as applicable, of the dispute, another nationally recognized mediation or arbitration organization selected by the Sponsor.

  • 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.

  • Conflicting Organization means any person or organization that is engaged in or about to become engaged in research on or development, production, marketing or selling of a Conflicting Product.