98-31597. Organization and Operations of Federal Credit Unions; Appraisals; Member Business Loans; and Requirements for Insurance  

  • [Federal Register Volume 63, Number 228 (Friday, November 27, 1998)]
    [Rules and Regulations]
    [Page 65532]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-31597]
    
    
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    NATIONAL CREDIT UNION ADMINISTRATION
    
    12 CFR Parts 701, 722, 723 and 741
    
    
    Organization and Operations of Federal Credit Unions; Appraisals; 
    Member Business Loans; and Requirements for Insurance
    
    AGENCY: National Credit Union Administration (NCUA).
    
    ACTION: Interim final rule; extension of comment period.
    
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    SUMMARY: On September 23, 1998, the NCUA issued an interim final rule 
    concerning member business loans and appraisals for federally insured 
    credit unions' as well as implementing recent statutory limitations 
    regarding member business loans. The interim final rule was published 
    in the Federal Register on September 29, 1998 (see 63 FR 51793). The 
    NCUA Board stated that comments on the interim final rule must be 
    received by November 30, 1998. Due to a request made, the Board has 
    decided to extend the comment period for an additional 60 days to 
    January 29, 1999.
    
    DATES: The comment period is being extended from November 30, 1998 to 
    January 29, 1999. Comments must be postmarked or received by January 
    29, 1999.
    
    ADDRESSES: Direct comments to Becky Baker, Secretary of the Board. Mail 
    or hand-deliver comments to: National Credit Union Administration, 1775 
    Duke Street, Alexandria, Virginia 22314-3428. Fax comments to (703) 
    518-6319. Please send comments by one method only.
    
    FOR FURTHER INFORMATION CONTACT: Michael J. McKenna, Senior Staff 
    Attorney, Division of Operations, Office of General Counsel, at the 
    above address or telephone: (703) 518-6540.
    
        By the National Credit Union Administration Board on November 
    19, 1998.
    Becky Baker,
    
    
    Secretary of the Board.
    
    [FR Doc. 98-31597 Filed 11-25-98; 8:45 am]
    BILLING CODE 7535-01-U
    
    
    

Document Information

Published:
11/27/1998
Department:
National Credit Union Administration
Entry Type:
Rule
Action:
Interim final rule; extension of comment period.
Document Number:
98-31597
Dates:
The comment period is being extended from November 30, 1998 to January 29, 1999. Comments must be postmarked or received by January 29, 1999.
Pages:
65532-65532 (1 pages)
PDF File:
98-31597.pdf
CFR: (4)
12 CFR 701
12 CFR 722
12 CFR 723
12 CFR 741