Establishment of credit unions and Central Credit Union

Legal acts regulating the Establishment of Credit Unions and Central Credit Union:

• Civil Code (No VIII–1864, 18 July 2000);
• Law on the Bank of Lithuania (No I-678, 1 December 1994);
• Law on the Central Credit Union (No VIII-1682, 18 May 2000);
• Law on Credit Unions (No I-796, 21 February 1995);
• Law on Financial Institutions (No IX-1068, 10 September 2000);
• Bank of Lithuania Board Resolution on the Authorisations Granted by the Bank of Lithuania to Credit Unions (No 195, 16 December 2008);
• Bank of Lithuania Board Resolution on the Prudential Requirements of Credit Unions (No 105, 3 November 1995);
• Bank of Lithuania Board Resolution on the calculation of Prudential Requirements of Credit Unions (No 37, 26 March 2009);
• Bank of Lithuania Board Resolution on Approval of the Forms of Financial Statements (No 35, 26 March 2009);
• Bank of Lithuania Board Resolution on Structural Subdivisions of Credit Unions (No 194, 16 December 2008);
• Bank of Lithuania Board Resolution on Approval of the Rules of Calculation of Maximum Eeposure to one Borrower and Large Exposures in Credit Unions (No 202, 16 December 2008);
• Bank of Lithuania Board Resolution on Granting a Permit of the Bank of Lithuania to Establish the Central Credit Union (No 122, 19 July 2001);
• Bank of Lithuania Board Resolution on the Election or Appointment of the Central Credit Union Managers (No 116, 8 July 2004);
• Bank of Lithuania Board Resolution on the Election or Appointment of Bank Managers (No 105, 17 June 2004);
• Bank of Lithuania Board Resolution on the Form of the Questionnaire of the Credit Institution Manager (No 106, 17 June 2004);
• Bank of Lithuania Board Resolution on Granting a Licence to Engage in the Activities of the Central Credit Union (No 123, 19 July 2001);
• Government of the Republic of Lithuania Resolution on Approving the Scheme for using the Privatisation Fund Proceeds to Form the Capital of the Central Credit Union being Established (No 853, 10 July 2001);
• Bank of Lithuania Board Resolution on Approval of the General Regulations on Filing and Processing the Applications of Credit and Payment Institutions for the Issuance of Authorisations and on Granting Thereof (No 58, 6 May 2004).