12 C.F.R. § 713.7 – May the NCUA Board require a credit union to secure additional insurance coverage? | Midpage
§ 713.7
12 C.F.R. § 713.7
May the NCUA Board require a credit union to secure additional insurance coverage?
Effective Jan 1, 2017
Viewing an earlier version · effective Jan 1, 2017View current
The NCUA Board may require additional coverage when the Board determines that a credit union's current coverage is inadequate. The credit union must purchase this additional coverage within 30 days.