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Management Official Interlocks Threshold Change

NCUA · final-rule · Published 2007-10-15 · Effective 2007-10-15 · 72 FR 58248

Document

Document number
E7-20266
Federal Register citation
72 FR 58248
CFR reference
12 CFR 711
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2007-10-15
Effective date
2007-10-15

Abstract

The NCUA is amending its management interlocks rule to conform it to a change the Financial Services Regulatory Relief Act of 2006 (FSRAA) made in the dollar threshold that triggers the prohibition on management officials serving at unaffiliated depository organizations. This final rule changes the threshold from $20 million to $50 million.

Source

Authoritative
Federal Register document
Machine
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