<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="7-208" title_number="7" title_name="Credit Union Share Insurance" subtitle_number="2" subtitle_name="Credit Union Share Guaranty Corporations">
  <level label="a">
    <text>If an application for a certificate of authority is denied, the notification of the denial shall:</text>
    <level label="1">
      <text>Be in writing; and</text>
    </level>
    <level label="2">
      <text>State the applicant’s right to a hearing held in accordance with the Administrative Procedure Act.</text>
    </level>
  </level>
  <level label="b">
    <text>An applicant who seeks a hearing on an application denial shall file a written request for a hearing within 30 days following receipt of the notice of the applicant’s right to a hearing.</text>
  </level>
</section>
