Prompt Corrective Action | Midpage

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Code of Federal Regulations

Subpart A

Prompt Corrective Action

702.101Capital measures, capital adequacy, effective date of classification, and notice to NCUA.702.102Capital classification.702.103Applicability of risk-based capital measures.702.104Risk-based capital ratio.702.105Derivative contracts.702.106Prompt corrective action for adequately capitalized credit unions.702.107Prompt corrective action for undercapitalized credit unions.702.108Prompt corrective action for significantly undercapitalized credit unions.702.109Prompt corrective action for critically undercapitalized credit unions.702.110Consultation with state officials on proposed prompt corrective action.702.111Net worth restoration plans (NWRP).702.112Reserves.702.113Full and fair disclosure of financial condition.702.114Payment of dividends.