12 CFR § 713.7Chapter VII
§ 713.7 May the NCUA Board require a federally insured credit union to secure additional insurance coverage?
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
The NCUA Board may require additional coverage when the NCUA Board determines that a federally insured credit union's current coverage is inadequate. The federally insured credit union must purchase this additional coverage within 30 days.
[84 FR 35525, July 24, 2019]
eCFR data current as of: June 10, 2026
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