3133-AF51 202210 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 3133 National Credit Union Administration NCUA Federal Credit Union Bylaws (Member Expulsion)

The NCUA Board intends to amend its regulations to implement the Credit Union Governance Modernization Act of 2022. The proposed rule would amend the federal credit union bylaws.

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Proposed Rule Stage Undetermined No 12 CFR 701, Appendix A 12 U.S.C. 1764 Statutory Final 09/15/2023 Credit Union Governance Modernization Act of 2022 Under the Credit Union Governance Modernization Act of 2022 (enacted March 2022), the NCUA has 18 months following the date of enactment to develop a policy for which a member may be expelled for cause and implement such policy through rulemaking. A final rule must be issued by September 2023, following a proposed rule. No NPRM 12/00/2022 Undetermined No None No No https://www.ncua.gov/regulation-supervision/rulemakings-proposals-comment No No Rachel Ackmann J. Senior Staff Attorney 3133 National Credit Union Administration NCUA 703 548-2601 703 518-6569 rackmann@ncua.gov 1775 Duke Street, Alexandria VA 22314