Now that the NCUA has approved a final loan participation rule,some are still concerned about the long-term impact of some of theprovisions.

“While I am happy to see that the NCUA raised the limit to 100%of net worth from the proposed 25% of net worth, I still believethis limitation is arbitrary and has little association withmitigating loan default risk,” said Brian Lauer, a partner with the Messick & Lauer law firm inMedia, Pa.

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