Available assets ratio

Available assets ratio means the ratio of:
(i) The amount determined by subtracting -
(A) Direct liabilities of the NCUSIF and contingent liabilities for which no provision for losses has been made from
(B) The sum of cash and the market value of unencumbered investments authorized under ยง 203 of the Federal Credit Union Act (12 U.S.C. 1783), to
(ii) The aggregate amount of insured shares in all federally insured credit unions.

Source

12 CFR § 741.4


Scoping language

None
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