12 CFR 741.5
§ 741.5 Notice of termination of excess insurance coverage.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 741.5, § 741.5 Notice of termination of excess insurance coverage, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48725
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Full text
In the event of a credit union's termination of share insurance coverage other than that provided by the NCUSIF, the credit union must notify all members in writing of such termination at least thirty days prior to the effective date of termination.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.