Regulations last checked for updates: Oct 18, 2024

Title 12 - Banks and Banking last revised: Oct 15, 2024
All TitlesTitle 12Chapter VIIPart 741Subpart B - Subpart B—Regulations Codified Elsewhere in NCUA's Regulations as Applying to Federal Credit Unions That Also Apply to Federally Insured State-Chartered Credit Unions
View all text of Subpart B [§ 741.201 - § 741.227]
§ 741.221 - Suretyship and guaranty requirements.

Any credit union, which is insured pursuant to title II of the Act, must adhere to the requirements in § 701.20 of this chapter. State-chartered, NCUSIF-insured credit unions may only enter into suretyship and guaranty agreements to the extent authorized under state law.

[69 FR 8548, Feb. 25, 2004]
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 741.221
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