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Investment and Deposit Activities

NCUA · final-rule · Published 1997-06-18 · Effective 1998-01-01 · 62 FR 32989

Document

Document number
97-15915
Federal Register citation
62 FR 32989
CFR reference
12 CFR 703
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
1997-06-18
Effective date
1998-01-01

Abstract

The final regulation clarifies a number of areas, adds restrictions on some securities which have been determined to be inappropriate for credit unions, broadens authority in certain areas, and requires that a credit union's staff and board of directors meet certain safety and soundness standards with respect to the potential risks of the credit union's investment options.

Source

Authoritative
Federal Register document
Machine
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