Sec. 541. Budget transparency for the NCUA
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/bill/115/hr/10/rfs/section-541A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 209(b) of the Federal Credit Union Act ( 12 U.S.C. 1789 ) is amended— by redesignating paragraphs
(1)and
(2)as paragraphs
(2)and (3), respectively; by inserting before paragraph (2), as so redesignated, the following: on an annual basis and prior to the submission of the detailed business-type budget required under paragraph (2)— make publicly available and cause to be printed in the Federal Register a draft of such detailed business-type budget; and hold a public hearing, with public notice provided of such hearing, wherein the public can submit comments on the draft of such detailed business-type budget; ; and in paragraph (2), as so redesignated— by inserting detailed after submit a ; and by inserting , and where such budget shall address any comments submitted by the public pursuant to paragraph (1)(B) after Control Act .
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Sec. 541
Budget transparency for the NCUA
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