# Requirements for Insurance
> **US National Credit Union Administration** · Final rule. · Published 2003-04-30 · Effective 2003-07-01 · 68 FR 23027
## Document
- **Document number:** 03-10612
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 68 FR 23027
- **CFR reference:** 12 CFR 741
- **Publication date:** 2003-04-30
- **Effective date:** 2003-07-01
## Abstract

The National Credit Union Administration (NCUA) is adopting a final rule that establishes the requirements for federally insured credit unions to branch outside the United States. The final rule requires a credit union to develop a business plan and receive foreign government and NCUA approval before establishing a branch outside the United States.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2003/04/30/03-10612/requirements-for-insurance)
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