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Credit Union Service Organizations

NCUA · final-rule · Published 1999-11-26 · Effective 1999-12-27 · 64 FR 66360

Document

Document number
99-30693
Federal Register citation
64 FR 66360
CFR reference
12 CFR 712
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
1999-11-26
Effective date
1999-12-27

Abstract

The final rule reinstates real estate brokerage services as a permissible credit union service organization (CUSO) service. Because the existing real estate brokerage CUSOs do not appear to present a safety and soundness risk and the commenters have stated persuasively that there are sufficient safeguards in place to deal with any potential conflicts, the Board is reinstating real estate brokerage services as permissible CUSO service.

Source

Authoritative
Federal Register document
Machine
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