12 CFR 749.3 - Vital records center.
A vital records center is defined as a storage facility, which may include another federally-insured credit union, at any location far enough from the credit union's offices to avoid the simultaneous loss of both sets of records in the event of a catastrophic act. A credit union must maintain or contract with a third party to maintain any equipment or software for its vital records center necessary to access records.
[72 FR 42273, Aug. 2, 2007]
Title 12 published on 2014-01-01
no entries appear in the Federal Register after this date.