[Code of Federal Regulations]

[Title 12, Volume 6]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 12CFR713.7]



[Page 532]

 

                       TITLE 12--BANKS AND BANKING

 

            CHAPTER VII--NATIONAL CREDIT UNION ADMINISTRATION

 

PART 713_FIDELITY BOND AND INSURANCE COVERAGE FOR FEDERAL CREDIT UNIONS

--Table of Contents

 

Sec. 713.7  May the NCUA Board require a credit union to secure 

additional insurance coverage?



    The NCUA Board may require additional coverage when the Board 

determines that a credit union's current coverage is inadequate. The 

credit union must purchase this additional coverage within 30 days.