12 CFR 742.1 - Regulatory Flexibility Program.

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§ 742.1 Regulatory Flexibility Program.
NCUA's Regulatory Flexibility Program (RegFlex) exempts from all or part of the NCUA regulatory restrictions identified elsewhere in this part credit unions that demonstrate sustained superior performance as measured by CAMEL rating and net worth classification. RegFlex credit unions also are authorized to purchase and hold an expanded range of obligations.
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United States Code
U.S. Code: Title 12 - BANKS AND BANKING