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NCUA RIN: 3133-AE00 Publication ID: Fall 2011 
Title: ●Loan Participation; Purchase, Sale and Pledge of Eligible Obligations 
Abstract: The NCUA plans to request public comment on a proposal to amend and clarify its loan participation regulation and relevant provisions in the eligible obligations rule, the rule governing the purchase of assets and assumption of liabilities, and the rule implementing the agency's Regulatory Flexibility Program (RegFlex). The proposed rule will clarify application of the loan participation rule and its relationship to these other rules. The proposed rule reorganizes and streamlines the regulatory provisions relating to credit union purchases of loan participations to improve credit union understanding of the transactions covered under the rule; the requirements for purchase and ongoing monitoring; and the applicability of related provisions. The proposed rule also expands loan participation requirements to state chartered federally-insured credit unions. 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 12 CFR 701.22; 12 CFR 701.23; 12 CFR 741.8; 12 CFR 741.224; 12 CFR 742.4 
Legal Authority: 12 USC 1752(5); 12 USC 1757; 12 USC 1765 to 1766; 12 USC 1787; 12 USC 1981; title V, PL 109 to 351; 120 Stat 1966 
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  12/00/2011   
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:
Linda K. Dent
Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6540
Email: ldent@ncua.gov

 
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