12 C.F.R. § 713.7   May the NCUA Board require a credit union to secure additional insurance coverage?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 713—FIDELITY BOND AND INSURANCE COVERAGE FOR FEDERAL CREDIT UNIONS

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§ 713.7   May the NCUA Board require a credit union to secure additional insurance coverage?

The NCUA Board may require additional coverage when the Board determines that a credit union's current coverage is inadequate. The credit union must purchase this additional coverage within 30 days.

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