Code of Federal Regulations · Section
§ 713.7 — May The Ncua Board Require A Federally Insured Credit Union To Secure Additional Insurance Coverage?
12 C.F.R. § 713.7
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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.
Authorizing Statute
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Officers of the board12 U.S.C. § 1761a