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Regulatory Information
2000_register
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2010-09-23
article
Involuntary Liquidation of Federal Credit Unions and Adjudication of Creditor Claims Involving Federally-insured Credit Unions in Liquidation
Proposed Rules
D09002ee1bdfb0b63
D09002ee1bdfb0bfa
United States
National Credit Union Administration
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org
United States Government Agency or Subagency
The National Credit Union Administration (NCUA) is publishing for notice and comment a proposed rule regarding the treatment by the NCUA Board (Board), as conservator or liquidating agent, of financial assets transferred by a federally-insured credit union to another party: in connection with a securitization; or in the form of a participation. The proposal also addresses the treatment by the Board, as conservator or liquidating agent, of agreements entered into by a federally-insured credit union to collateralize public funds. The proposal generally provides that the Board will not, by exercise of its statutory power to repudiate contracts, recover, reclaim, or recharacterize as property of the credit union or the liquidation estate financial assets that were transferred by the credit union to another party in connection with a securitization or in the form of a participation. The proposal also establishes that the Board will not seek to avoid an otherwise legally enforceable and perfected security interest in collateral for public funds solely because the collateral was not acquired contemporaneously with the approval and execution of the security agreement. The Board will also not seek to avoid a security interest solely because the collateral was changed, increased or subject to substitution from time to time.
65 FR 11250
https://www.govinfo.gov/app/details/FR-2000-03-02/00-4852
00-4852
fr02mr00-15
7535-01-U
https://www.govinfo.gov/app/details/FR-2000-03-02/00-4852
https://www.govinfo.gov/content/pkg/FR-2000-03-02/html/00-4852.htm
https://www.govinfo.gov/content/pkg/FR-2000-03-02/pdf/00-4852.pdf
Credit Unions
Liquidations
4 p.
11250
11253
65 FR 11250
Code of Federal Regulations
Title 12 Part 709
12 CFR Part 709
Involuntary Liquidation of Federal Credit Unions and Adjudication of Creditor Claims Involving Federally-insured Credit Unions in Liquidation; Federal Register Vol. 65, Issue
PRORULE
00-4852
NATIONAL CREDIT UNION ADMINISTRATION
2000-04-03
7535-01-U
00-4852
Notice of proposed rulemaking.
The National Credit Union Administration (NCUA) is publishing for notice and comment a proposed rule regarding the treatment by the NCUA Board (Board), as conservator or liquidating agent, of financial assets transferred by a federally-insured credit union to another party: in connection with a securitization; or in the form of a participation. The proposal also addresses the treatment by the Board, as conservator or liquidating agent, of agreements entered into by a federally-insured credit union to collateralize public funds. The proposal generally provides that the Board will not, by exercise of its statutory power to repudiate contracts, recover, reclaim, or recharacterize as property of the credit union or the liquidation estate financial assets that were transferred by the credit union to another party in connection with a securitization or in the form of a participation. The proposal also establishes that the Board will not seek to avoid an otherwise legally enforceable and perfected security interest in collateral for public funds solely because the collateral was not acquired contemporaneously with the approval and execution of the security agreement. The Board will also not seek to avoid a security interest solely because the collateral was changed, increased or subject to substitution from time to time.
Written comments must be received by the NCUA on or before April 3, 2000.
Chrisanthy J. Loizos or Mary F. Rupp, Staff Attorneys, Division of Operations, Office of General Counsel, at
Credit Unions
Liquidations
Federal Register
Vol. 65, no. 42
Office of the Federal Register, National Archives and Records Administration
2000-03-02
continuing
daily
deposited
born digital
267 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2000-03-02
P0b002ee1809eefdd
0097-6326
0042-1219
0364-1406
769-004-00000-9
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https://www.govinfo.gov/app/details/FR-2000-03-02
https://www.govinfo.gov/content/pkg/FR-2000-03-02/pdf/FR-2000-03-02.pdf
https://www.govinfo.gov/content/pkg/FR-2000-03-02/xml/FR-2000-03-02.xml
fdlp
11197
11454
DGPO
2010-09-23
2023-05-05
FR-2000-03-02
machine generated
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FR
FR-2000-03-02
65
42