# Safe Harbor
> **US National Credit Union Administration** · Final rule. · Published 2017-06-30 · Effective 2017-07-31 · 82 FR 29699
## Document
- **Document number:** 2017-13636
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 82 FR 29699
- **CFR reference:** 12 CFR 709
- **Publication date:** 2017-06-30
- **Effective date:** 2017-07-31
## Abstract

The NCUA Board ("Board") is issuing this final rule to amend its regulations regarding the treatment by the Board, as liquidating agent or conservator ("liquidating agent" or "conservator," respectively) of a federally insured credit union ("FICU"), of financial assets transferred by the credit union in connection with a securitization or a participation. The final rule replaces NCUA's current safe harbor for financial assets transferred in connection with securitizations and participations in which the financial assets were transferred in compliance with the existing regulation, and defines the conditions for safe harbor protection for securitizations and participations for which transfers of financial assets would be made after the effective date of this rule.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2017/06/30/2017-13636/safe-harbor)
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