[Federal Register Volume 63, Number 228 (Friday, November 27, 1998)]
[Rules and Regulations]
[Page 65532]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-31597]


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NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Parts 701, 722, 723 and 741


Organization and Operations of Federal Credit Unions; Appraisals; 
Member Business Loans; and Requirements for Insurance

AGENCY: National Credit Union Administration (NCUA).

ACTION: Interim final rule; extension of comment period.

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SUMMARY: On September 23, 1998, the NCUA issued an interim final rule 
concerning member business loans and appraisals for federally insured 
credit unions' as well as implementing recent statutory limitations 
regarding member business loans. The interim final rule was published 
in the Federal Register on September 29, 1998 (see 63 FR 51793). The 
NCUA Board stated that comments on the interim final rule must be 
received by November 30, 1998. Due to a request made, the Board has 
decided to extend the comment period for an additional 60 days to 
January 29, 1999.

DATES: The comment period is being extended from November 30, 1998 to 
January 29, 1999. Comments must be postmarked or received by January 
29, 1999.

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. Fax comments to (703) 
518-6319. Please send comments by one method only.

FOR FURTHER INFORMATION CONTACT: Michael J. McKenna, Senior Staff 
Attorney, Division of Operations, Office of General Counsel, at the 
above address or telephone: (703) 518-6540.

    By the National Credit Union Administration Board on November 
19, 1998.
Becky Baker,


Secretary of the Board.

[FR Doc. 98-31597 Filed 11-25-98; 8:45 am]
BILLING CODE 7535-01-U