legal · go-v.org

May the NCUA Board require a federally insured credit union to secure additional insurance coverage?

CFR · 2024-01-01 · US · Title 12

The NCUA Board may require additional coverage when the NCUA Board determines that a federally insured credit union's current coverage is inadequate. The federally insured credit union must purchase this additional coverage within 30 days.

official document · source cfr-2024 · id 12:§ 713.7