Regulations last checked for updates: Oct 18, 2024

Title 12 - Banks and Banking last revised: Oct 15, 2024
All TitlesTitle 12Chapter VIIPart 741Subpart A - Subpart A—Regulations That Apply to Both Federal Credit Unions and Federally Insured State-Chartered Credit Unions and That Are Not Codified Elsewhere in NCUA's Regulations
View all text of Subpart A [§ 741.1 - § 741.12]
§ 741.5 - Notice of termination of excess insurance coverage.

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.

authority: 12 U.S.C. 1757,1766,1781,and; 31 U.S.C. 3717.
source: 60 FR 58504, Nov. 28, 1995, unless otherwise noted.
cite as: 12 CFR 741.5
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