legal · go-v.org

Urgency.

CFR · 2024-01-01 · US · Title 12

On an emergency basis, subject to funds availability, NCUA may consider a funding request from a Qualifying Credit Union experiencing an unplanned or unexpected expense that the Qualifying Credit Union is unable to meet with its own resources. The Qualifying Credit Union must demonstrate a compelling need for immediate assistance without which its continued operations would be threatened

official document · source cfr-2024 · id 12:§ 705.8