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Organization and Operations of Federal Credit Unions

NCUA · final-rule · Published 1995-11-27 · Effective 1996-01-26 · 60 FR 58203

Document

Document number: 95-28704
Federal Register citation: 60 FR 58203
CFR reference: 12 CFR 701
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US National Credit Union Administration
Publication date: 1995-11-27
Effective date: 1996-01-26

Abstract

The NCUA Board is broadening loan participation authority by removing the requirement that the participation agreement precede the originating loan's disbursement. Deleting this requirement will provide federal credit unions (FCUs) more flexibility to manage liquidity.

Source

Authoritative: Federal Register document
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