This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.
This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office] .
It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.
United States Code U.S. Code: Title 12 - BANKS AND BANKING
Title 12 published on 07-Apr-2018 03:37
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 709 after this date.
2018-01-31; vol. 83 # 21 - Wednesday, January 31, 2018 83 FR 4450 - Involuntary Liquidation of Federal Credit Unions and Claims Procedures
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION, 12 CFR Part 709 Proposed rule. Comments must be received on or before April 2, 2018. Summary The NCUA Board (Board) proposes to amend part 709 of its rules to update and clarify the procedures that apply to claims administration for federally insured credit unions that enter involuntary liquidation. Specifically, the proposal would amend the current rule's payout priority provision by specifying the conditions that claims in the nature of severance must meet to be allowed as provable claims.
2017-06-30; vol. 82 # 125 - Friday, June 30, 2017 82 FR 29699 - Safe Harbor
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Final rule. The effective date for this rule is July 31, 2017. 12 CFR Part 709 Summary The NCUA Board (“Board”) is issuing this final rule to amend its regulations regarding the treatment by the Board, as liquidating agent or conservator (“liquidating agent” or “conservator,” respectively) of a federally insured credit union (“FICU”), of financial assets transferred by the credit union in connection with a securitization or a participation. The final rule replaces NCUA's current safe harbor for financial assets transferred in connection with securitizations and participations in which the financial assets were transferred in compliance with the existing regulation, and defines the conditions for safe harbor protection for securitizations and participations for which transfers of financial assets would be made after the effective date of this rule.
2017-02-08; vol. 82 # 25 - Wednesday, February 8, 2017 82 FR 9691 - Alternative Capital
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Advance notice of proposed rulemaking. Comments must be received on or before May 9, 2017. 12 CFR Parts 701, 702, 703, 709, 741, and 745 Summary The NCUA Board (Board) is issuing this advanced notice of proposed rulemaking (ANPR) to solicit comments on alternative forms of capital federally insured credit unions could use in meeting capital standards required by statute and regulation. For purposes of this ANPR, alternative capital includes two different categories: Secondary capital and supplemental capital. Secondary capital is currently permissible under the Federal Credit Union Act (Act) only for low-income designated credit unions to issue and to be counted toward both the net worth ratio and the risk-based net worth requirement of NCUA's prompt corrective action standards. The Board is considering changes to the secondary capital regulation for low-income designated credit unions. There are no other forms of alternative capital currently authorized. However, the Board is also considering whether or not to authorize credit unions to issue supplemental capital instruments that would only count towards the risk-based net worth requirement.
2014-06-26; vol. 79 # 123 - Thursday, June 26, 2014 79 FR 36252 - Safe Harbor
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Proposed rule. Comments must be received on or before August 25, 2014. 12 CFR Part 709 Summary The NCUA Board (“Board”) proposes to amend its regulations regarding the treatment by the Board, as liquidating agent or conservator (the “liquidating agent” or “conservator,” respectively) of a federally insured credit union (“FICU”) of financial assets transferred by the credit union in connection with a securitization or a participation. The proposed rule continues the safe harbor for financial assets transferred in connection with securitizations and participations in which the financial assets were transferred in compliance with the existing regulation and defines the conditions for safe harbor protection for securitizations and participations for which transfers of financial assets would be made after the effective date of this proposed rule.
2012-12-13; vol. 77 # 240 - Thursday, December 13, 2012 77 FR 74103 - Alternatives to the Use of Credit Ratings
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Final rule. This rule is effective June 11, 2013. 12 CFR Parts 703, 704, 709, and 741 Summary NCUA is issuing a final rule to implement certain statutory requirements in Title IX of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) pertaining to the use of credit ratings to assess creditworthiness. The final rule removes references to credit ratings in NCUA regulations or replaces them with other appropriate standards of creditworthiness as required by the Dodd-Frank Act.
