[Federal Register: November 29, 2002 (Volume 67, Number 230)]
[Proposed Rules]               
[Page 71113]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr29no02-15]                         


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Proposed Rules
                                                Federal Register
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This section of the FEDERAL REGISTER contains notices to the public of 
the proposed issuance of rules and regulations. The purpose of these 
notices is to give interested persons an opportunity to participate in 
the rule making prior to the adoption of the final rules.


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[[Page 71113]]






NATIONAL CREDIT UNION ADMINISTRATION


12 CFR Part 701


 
Organization and Operations of Federal Credit Unions


AGENCY: National Credit Union Administration (NCUA).


ACTION: Reopening of comment period.


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SUMMARY: On September 25, 2002, NCUA published for public comment a 
proposed rule amending Sec.  701.19. 67 FR 60184 (September 25, 2002). 
The revisions to Sec. 701.19 clarify the scope of the rule and the 
investments FCUs may use to fund employee benefits. The comment period 
for this proposed rule was due to have expired on November 25, 2002. 
Two interested parties have requested an extension of the comment 
period to respond. In view of this request and NCUA's desire to foster 
public participation in the rulemaking process, the NCUA Board is 
reopening the comment period to December 26, 2002.


DATES: Comments must be received on or before December 26, 2002.


ADDRESSES: Direct comments to Becky Baker, Secretary of the Board. Mail 
or hand-deliver comments to: National Credit Union Administration, 1775 
Duke Street, Alexandria, Virginia 22314-3428. You are encouraged to fax 
comments to (703) 518-6319 or email comments to regcomments@ncua.gov 
instead of mailing or hand-delivering them. Whatever method you choose, 
please send comments by one method only.


FOR FURTHER INFORMATION CONTACT: Frank Kressman, Staff Attorney, Office 
of General Counsel, at the above address or telephone: (703) 518-6540.


    By the National Credit Union Administration Board on November 
21, 2002.
Becky Baker,
Secretary of the Board.
[FR Doc. 02-30162 Filed 11-27-02; 8:45 am]

BILLING CODE 7535-01-P