State Supervisory Authority definition

State Supervisory Authority means the appropriate governmental agency of the state in which the Credit Union is chartered, which regulates state-chartered credit unions.

Examples of State Supervisory Authority in a sentence

  • This Exhibit shall automatically terminate if the European Commission, a competent Member State Supervisory Authority, or an EEA or competent Member State court approves a different lawful transfer mechanism that would be applicable to the data transfers covered by the Standard Contractual Clauses (and if such mechanism applies only to some of the data transfers, the Addendum will terminate only with respect to those transfers) and that does not require the additional safeguards set forth in the Addendum.