§ 791.19. Purpose.
45 words·~1 min read·
/us/cfr/t12/s§ 791.19·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The NCUA issues regulations and guidance as part of its supervisory function. This subpart reiterates the distinctions between regulations and guidance, as stated in the Interagency Statement Clarifying the Role of Supervisory Guidance (Interagency Statement) and provides that the Statement is binding on the NCUA.