View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
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:
|
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 |