The Federal Credit Union Act

Act to permit the acceptance of share purchases and insurance coverage of such purchases by offices, employees or agents of …

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THE FEDERAL CREDIT UNION ACT

  • COVER — THE FEDERAL CREDIT UNION ACT
  • FOREWORD
  • TABLE OF CONTENTS
  • 1751 – Short Title
  • Title IGeneral Provisions
    • 1752 – Definitions
    • 1752a – National Credit Union Administration
    • 1753 – Federal credit union organization
    • 1754 – Approval of organization certificate
    • 1755 – Fees
    • 1756 – Reports and examinations
    • 1757 – Powers
    • 1757a – Limitation on member business loans
    • 1758 – Bylaws
    • 1759 – Membership
    • 1760 – Members meetings
    • 1761 – Management; board of directors; credit committee; supervisory committee; compensation
    • 1761a – Executive officers; general manager
    • 1761b – Board of directors; meetings; powers and duties; executive committee; membership officers; membership applications
    • 1761c – Credit committee; meetings; powers and duties; loans and lines of credit; security
    • 1761d – Supervisory committee; powers and duties; suspension of members; passbook
    • 1763 – Dividends
    • 1764 – Expulsion and withdrawal
    • 1765 – Minors
    • 1766 – Powers of Board and Administration personnel
    • 1767 – Fiscal agents and depositories
    • 1768 – Taxation
    • 1769 – Separability of provisions; right to alter, amend, or repeal chapter.
    • 1770 – Allotment of space in Federal buildings or Federal land
    • 1771 – Conversion from Federal to State credit union and from State to Federal credit union.
    • 1772 – Territorial application of chapter
    • 1772a – Gifts; acceptance of conditional gifts; deposit
    • 1772b – Apportionment
    • 1772c – Trust Fund
    • 1772c-1 – Community development revolving loan fund for credit unions
    • 1772d – Forfeiture of organization certificate for money laundering or cash transaction reporting offenses
  • TITLE IISHARE INSURANCE
    • 1781 – Insurance of member accounts
    • 1782 – Administration of insurance fund
    • 1783 – National Credit Union Share Insurance Fund
    • 1784 – Examination of insured credit unions
    • 1785 – Requirements governing insured credit unions
    • 1786 – Termination of insured credit union status; cease and desist orders; removal or suspension from office; procedure.
    • 1787 – Payment of insurance
    • 1788 – Special assistance to avoid liquidation
    • 1789 – Administrative provisions
    • 1789a – Credit unions as depositaries of public money; fiscal agents; duties
    • 1790 – Nondiscriminatory provision
    • 1790a – Board disapproval of directors, committee members, and senior executive officers of insured credit unions
    • 1790b – Credit union employee protection remedy
    • 1790c – Reward for information leading to recoveries or civil penalties
    • 1790d – Prompt corrective action
  • Title IIICentral Liquidity Facility
    • 1795 – Congressional findings
    • 1795a – Definitions
    • 1795b – National Credit Union AdministrationCentral Liquidity Facility; establishment;management; jurisdiction
    • 1795c – Membership
    • 1795d – Capital stock
    • 1795e – Extensions of credit
    • 1795f – Powers of the Board
    • 1795g – Depositories, custodians, and fiscalagents
    • 1795h – Audit of financial transactions
    • 1795i – Annual report
    • 1795j – Agent of the Federal Reserve System
    • 1795k – State and local tax exemption
Download The Federal Credit Union Act pdf from www.ncua.gov, 105 pages, 1098.87KB.
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