# Loan Participations; Purchase, Sale and Pledge of Eligible Obligations; Purchase of Assets and Assumption of Liabilities
> **US National Credit Union Administration** · Final rule. · Published 2013-06-25 · Effective 2013-07-25 · 78 FR 37946
## Document
- **Document number:** 2013-15178
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 78 FR 37946
- **CFR reference:** 12 CFR 701
- **Publication date:** 2013-06-25
- **Effective date:** 2013-07-25
## Abstract

NCUA amends its loan participation rule, eligible obligations rule, and requirements for insurance rule to clarify how the loan participation rule is to be applied and how it relates to other rules. The amendments reorganize the loan participation rule and focus on the purchase side of loan participation transactions. The amendments make it easier to understand NCUA's regulatory requirements for loan participations. The amendments also expand loan participation requirements to federally insured, state-chartered credit unions (FISCUs).

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2013/06/25/2013-15178/loan-participations-purchase-sale-and-pledge-of-eligible-obligations-purchase-of-assets-and)
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