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Charitable Donation Accounts

NCUA · final-rule · Published 2023-11-21 · Effective 2023-12-21 · 88 FR 80950

Document

Document number
2023-25749
Federal Register citation
88 FR 80950
CFR reference
12 CFR 721
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2023-11-21
Effective date
2023-12-21
Docket
NCUA-2023-0043

Abstract

The NCUA Board (Board) is amending the charitable donation accounts (CDAs) section of the NCUA's incidental powers rule. Specifically, the Board is adding a post or organization of past or present members of the Armed Forces of the United States, or an auxiliary unit or society of, or a trust or foundation for, any such post or organization recognized as exempt from taxation under section 501(c)(19) of the Internal Revenue Code (veterans' organizations) to the definition of a "qualified charity" that a Federal credit union may contribute to using a CDA.

Source

Authoritative
Federal Register document
Machine
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