View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
NCUA RIN: 3133-AD43 Publication ID: Fall 2008 
Title: Prompt Corrective Action; Calculation of Post-Merger Net Worth 
Abstract: Rulemaking to amend part 702 to implement statutory amendment to definition of natural person credit union "net worth," and to amend part 704 to implement parallel amendment to definition of corporate credit union capital. 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 702    12 CFR 704   
Legal Authority: Net Worth for Credit Unions Act    12 USC 1790d(o)(2)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/24/2008  73 FR 44197   
NPRM Comment Period End  09/29/2008    
Final Action  11/00/2008    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Steven W. Widerman
Senior Staff Attorney, Office of General Counsel
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6557
Fax:703 837-2779
Email: widerman@ncua.gov