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NCUA RIN: 3133-AF86 Publication ID: 2026 
Title: ●Statutory Lien Authority 
Abstract:

The NCUA is considering issuing a proposed rule to remove a provision under section 701.39 regarding federal credit unions’ (FCUs) statutory lien authority. The Board believes it is redundant to continue to include a definition of the term except as otherwise provided by law or except as otherwise provided by federal law, when it is axiomatic that a law that supersedes this regulation would be controlling. Since the provision does not provide any assistance to FCUs in determining whether such statutory or caselaw exists, its value is limited.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Deregulatory 
CFR Citation: 12 CFR 701.39   
Legal Authority: 12 U.S.C. 1752(5)    12 U.S.C. 1755 to 1759    12 U.S.C. 1761(a) and 1761(b)    12 U.S.C. 1766 and 1767    12 U.S.C. 1782    12 U.S.C. 1784 to 1789   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  02/25/2026  91 FR 9181   
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:
Gira Bose
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6562
Fax:703 518-6569
Email: gbose@ncua.gov