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Investment and Deposit Activities-Bank Notes

NCUA · final-rule · Published 2016-03-30 · Effective 2016-04-29 · 81 FR 17601

Document

Document number: 2016-07151
Federal Register citation: 81 FR 17601
CFR reference: 12 CFR 703
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US National Credit Union Administration
Publication date: 2016-03-30
Effective date: 2016-04-29

Abstract

The NCUA Board (Board) is finalizing a rule that amends the maturity requirement for bank notes to be permissible investments for federal credit unions (FCUs) by removing the word "original" from the current requirement that bank notes have "original weighted average maturities of less than 5 years."

Source

Authoritative: Federal Register document
Machine: JSON-LD · Markdown