ALEXANDRIA, Va. — The NCUA Board issued a final rule at its recent board meeting making technical corrections to a number of its regulations.
|According to agency staff, the changes were technical corrections, clarifications, and grammatical in nature. NCUA also removed outdated references to the Federal Credit Union Bylaws. "The amendments generally are improvements alerting users to other relevant provisions, responsibilities, or limitations," the Board Action Memorandum said.
|The Administrative Procedures Act permits agencies to forego the notice and comment for changes that are strictly technical in nature, according to NCUA Staff Attorney Frank Kressman. These amendments were part of NCUA's regular review of one-third of its regulations every three years.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
