# Eligible Obligations, Charitable Contributions, Nonmember Deposits, Fixed Assets, Investments, Fidelity Bonds, Incidental Powers, Member Business Loans, and Regulatory Flexibility Program
> **US National Credit Union Administration** · Final rule and interim final rule with comment period. · Published 2012-05-31 · Effective 2012-07-02 · 77 FR 31981
## Document
- **Document number:** 2012-13212
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 77 FR 31981
- **CFR reference:** 12 CFR 701
- **Publication date:** 2012-05-31
- **Effective date:** 2012-07-02
## Abstract

NCUA is removing certain regulations and eliminating the Regulatory Flexibility Program (RegFlex) to provide regulatory relief to federal credit unions. NCUA is also removing or amending related rules to ease compliance burden while retaining certain safety and soundness standards. Those rules pertain to eligible obligations, charitable contributions, nonmember deposits, fixed assets, investments, incidental powers, and member business loans. In addition, NCUA is issuing an interim final rule with a request for comment to amend a provision in the fidelity bond rule to remove references to RegFlex.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2012/05/31/2012-13212/eligible-obligations-charitable-contributions-nonmember-deposits-fixed-assets-investments-fidelity)
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