12 CFR 796.4
§ 796.4 When do these special restrictions become effective and may they be waived?
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 796.4, § 796.4 When do these special restrictions become effective and may they be waived?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49120
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Full text
The post-employment restrictions in section 1786(w) of the Act and § 796.3 do not apply to any current or former NCUA employee, if:
(a) The individual ceased to be an NCUA employee on or before December 17, 2005; or
(b) The Chairman of the NCUA Board certifies in writing and on a case-by-case basis that granting the senior examiner a waiver of the restrictions would not affect the integrity of the NCUA's supervisory program.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.