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Code · CFR · Title 12 — Banks and Banking · Part 741 — Requirements for Insurance · § 741.221

§ 741.221. Suretyship and guaranty requirements.

49 words·~1 min read·/us/cfr/t12/s§ 741.221·

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Any credit union, which is insured pursuant to title II of the Act, must adhere to the requirements in § 701.20 of this chapter. State-chartered, NCUSIF-insured credit unions may only enter into suretyship and guaranty agreements to the extent authorized under state law. [69 FR 8548, Feb. 25, 2004]
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§ 741.221
Suretyship and guaranty requirements.
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