Promulgation of NCUA rules and regulations.

CFR · 2024-01-01 · US · Title 12

(a) NCUA's procedures for developing regulations are governed by the Administrative Procedure Act (5 U.S.C. 551 (b) (1) A statement of the nature of the rulemaking proceedings; (2) Reference to the authority under which the rule is proposed; (3) Either the terms or substance of the proposed rule or a description of the subjects and issues involved; and (4) A statement of the effect of the proposed rule on federally insured state-chartered credit unions. (c) (d) (1) Matters relating to agency management or personnel or to public property, loans, grants, benefits, or contracts; (2) When persons subject to the proposed rule are named and either personally served or otherwise have actual notice thereof in accordance with law; (3) Interpretive rules, general statements of policy, or rules of agency organization, procedure or practice, unless notice or hearing is required by statute; and (4) If the Board, for good cause, finds (and incorporates the finding and a brief statement therefor in the rules issued) that notice and public procedure thereon are impracticable, unnecessary, or contrary to the public interest, unless notice or hearing is required by statute. (e) (1) Rules which grant or recognize an exemption or relieve a restriction; (2) Interpretive rules and statements of policy; or (3) Any substantive rule which the Board makes effective at an earlier date upon good cause found and published with such rule. (f) NCUA has an Office of Management and Budget (OMB) control numbe

official document · source cfr-2024 · id 12:§ 791.8