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Organization and Operations of Federal Credit Unions

NCUA · final-rule · Published 2003-12-30 · Effective 2004-01-29 · 68 FR 75110

Document

Document number
03-31843
Federal Register citation
68 FR 75110
CFR reference
12 CFR 701
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2003-12-30
Effective date
2004-01-29

Abstract

NCUA is updating and clarifying the definitions of certain terms used in NCUA's loan participation rule. Specifically, the definition of "credit union organization" is amended to conform to the terms of the credit union service organizations (CUSOs) rule. Also, the definition of "financial organization" is broadened to provide federal credit unions (FCUs) greater flexibility in choosing appropriate loan participation partners.

Source

Authoritative
Federal Register document
Machine
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