12 C.F.R. § 749.5   What format may credit unions use for maintaining writings, records or information required by other NCUA regulations?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 749—RECORDS PRESERVATION PROGRAM AND RECORD RETENTION APPENDIX

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§ 749.5   What format may credit unions use for maintaining writings, records or information required by other NCUA regulations?

Various NCUA regulations require credit unions to maintain certain writings, records or information. Credit unions may use any format, electronic or other, for maintaining the writings, records or information that accurately reflects the information, remains accessible to all persons who are entitled to access by statute, regulation or rule of law, and is capable of being reproduced by transmission, printing or otherwise. The credit union must maintain the necessary equipment or software to permit an examiner access to the records during the examination process.

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