Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 1105 - Credit Union Commission
Chapter 2 - Hearings
Section 20 CSR 1105-2.010 - Rules of Procedure

Universal Citation: 20 MO Code of State Regs 1105-2.010

Current through Register Vol. 49, No. 6, March 15, 2024

PURPOSE: The Credit Union Commission was established to approve or disapprove each regulation proposed by the director of the Division of Credit Unions; to hear and determine any appeal from an order or decision of the director of the Division of Credit Unions pertaining to the chartering, relocation, branching or membership of credit unions; and to consult with and advise the director on matters pertaining to the organization, operation and supervision of credit unions. This rule establishes certain rules of procedure that the Credit Union Commission will follow.

(1) Definitions. As used in these rules, except as otherwise required by the context-

(A) Director shall mean the director of the Division of Credit Unions;

(B) Commission shall mean the Credit Union Commission;

(C) Presiding officer shall mean the chairman who is the presiding officer of the Credit Union Commission or any other member of the commission designated by the presiding officer to assume those duties;

(D) Appellants shall mean persons or entities who are appealing a decision of the director of the Division of Credit Unions;

(E) Person shall include either the singular or plural of any individual, credit union, partnership, corporation or any other legal entity (section 370.140(5));

(F) Secretary shall mean that commission member chosen by the commission; and

(G) Intervenors shall mean persons allowed by law to intervene.

(2) Records of the Commission. The secretary of the commission shall maintain a complete record of all proceedings of the commission. All orders issued by the commission and all orders or other actions of the commission shall be certified or authenticated by the secretary by his/her signature.

(3) Construction of Rules. These rules shall be liberally construed to secure just, speedy and inexpensive determination of all issues presented. These rules may be amended at any time by the commission.

(4) Costs. The commission will obtain the services of a court reporter to transcribe the hearing. The costs of original and seven (7) copies of the transcript and the actual and necessary expenses incurred by the commission in the retention of hearing officers, commission-appointed attorneys, the per-diem compensation of the members of the commission, and any other costs assessed by the commission may be taxed against a party as determined by the commission.

*Original authority: 370.063, RSMo 1998.

Disclaimer: These regulations may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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