NCUSIF equity distribution

NCUSIF equity distribution means a distribution of excess equity from the NCUSIF to financial institutions eligible to receive a pro rata share of that distribution pursuant to the requirements of 202 of the Federal Credit Union Act (12 U.S.C. 1782) and the special rules set out in subparagraph (5) of this section.

Source

12 CFR § 741.4


Scoping language

None
Is this correct? or