12 CFR 741.221 - Suretyship and guaranty requirements.

§ 741.221 Suretyship and guaranty requirements.

Any credit union, which is insured pursuant to title II of the Act, must adhere to the requirements in § 701.20 of this chapter. State-chartered, NCUSIF-insured credit unions may only enter into suretyship and guaranty agreements to the extent authorized under state law.

[ 69 FR 8548, Feb. 25, 2004]