Amendments
2018—Subsec. (c)(1)(B)(i). [Pub. L. 115–174] struck out “that is the primary residence of a member” after “dwelling”.
Statutory Notes and Related Subsidiaries
Rule of Construction
[Pub. L. 115–174, title I, § 105(b)], May 24, 2018, [132 Stat. 1301], provided that: “Nothing in this section [amending this section] or the amendment made by this section shall preclude the National Credit Union Administration from treating an extension of credit that is fully secured by a lien on a 1- to 4-family dwelling that is not the primary residence of a member as a member business loan for purposes other than the member business loan limitation requirements under section 107A of the Federal Credit Union Act (12 U.S.C. 1757a).”
Study and Report
[Pub. L. 105–219, title II, § 203(b)], Aug. 7, 1998, [112 Stat. 922], required the Secretary to conduct a study of member business lending by insured credit unions, with a final report to be sent to Congress not later than 12 months after Aug. 7, 1998.