Title 12

PART 701 Part 701 - Organization And Operation Of Federal Credit Unions

PART 701 - ORGANIZATION AND OPERATION OF FEDERAL CREDIT UNIONS Authority:12 U.S.C. 1752(5), 1755, 1756, 1757, 1758, 1759, 1761a, 1761b, 1766, 1767, 1782, 1784, 1785, 1786, 1787, 1788, 1789. Section 701.6 is also authorized by 15 U.S.C. 3717. Section 701.31 is also authorized by 15 U.S.C. 1601 et seq.; 42 U.S.C. 1981 and 3601-3610. Section 701.35 is also authorized by 42 U.S.C. 4311-4312.

Authority: 12 U.S.C. 1752(5), 1755, 1756, 1757, 1758, 1759, 1761a, 1761b, 1766, 1767, 1782, 1784, 1785, 1786, 1787, 1788, 1789. Section 701.6 is also authorized by 15 U.S.C. 3717. Section 701.31 is also authorized by 15 U.S.C. 1601 et seq.; 42 U.S.C. 1981 and 3601-3610. Section 701.35 is also authorized by 42 U.S.C. 4311-4312.

12:7.0.2.3.2.0.11.1	SECTION 701.1	701.1 Federal credit union chartering, field of membership modifications, and conversions.
12:7.0.2.3.2.0.11.2	SECTION 701.2	701.2 Federal credit union bylaws.
12:7.0.2.3.2.0.11.3	SECTION 701.3	701.3 Member inspection of credit union books, records, and minutes.
12:7.0.2.3.2.0.11.4	SECTION 701.4	701.4 General authorities and duties of Federal credit union directors.
12:7.0.2.3.2.0.11.5	SECTION 701.5	701.5 [Reserved]
12:7.0.2.3.2.0.11.6	SECTION 701.6	701.6 Fees paid by Federal credit unions.
12:7.0.2.3.2.0.11.7	SECTION 701.7-701.13	701.7-701.13 [Reserved]
12:7.0.2.3.2.0.11.8	SECTION 701.14	701.14 Change in official or senior executive officer in credit unions that are newly chartered or are in troubled condition.
12:7.0.2.3.2.0.11.9	SECTION 701.15-701.18	701.15-701.18 [Reserved]
12:7.0.2.3.2.0.11.10	SECTION 701.19	701.19 Benefits for employees of Federal credit unions.
12:7.0.2.3.2.0.11.11	SECTION 701.20	701.20 Suretyship and guaranty.
12:7.0.2.3.2.0.11.12	SECTION 701.21	701.21 Loans to members and lines of credit to members.
12:7.0.2.3.2.0.11.13	SECTION 701.22	701.22 Loan participations.
12:7.0.2.3.2.0.11.14	SECTION 701.23	701.23 Purchase, sale, and pledge of eligible obligations.
12:7.0.2.3.2.0.11.15	SECTION 701.24	701.24 Refund of interest.
12:7.0.2.3.2.0.11.16	SECTION 701.25	701.25 xxx
12:7.0.2.3.2.0.11.17	SECTION 701.26	701.26 Credit union service contracts.
12:7.0.2.3.2.0.11.18	SECTION 701.27-701.29	701.27-701.29 [Reserved]
12:7.0.2.3.2.0.11.19	SECTION 701.30	701.30 Services for nonmembers within the field of membership.
12:7.0.2.3.2.0.11.20	SECTION 701.31	701.31 Nondiscrimination requirements.
12:7.0.2.3.2.0.11.21	SECTION 701.32	701.32 Payment on shares by public units and nonmembers.
12:7.0.2.3.2.0.11.22	SECTION 701.33	701.33 Reimbursement, insurance, and indemnification of officials and employees.
12:7.0.2.3.2.0.11.23	SECTION 701.34	701.34 Designation of low income status; Acceptance of secondary capital accounts by low-income designated credit unions.
12:7.0.2.3.2.0.11.24	SECTION 701.35	701.35 Share, share draft, and share certificate accounts.
12:7.0.2.3.2.0.11.25	SECTION 701.36	701.36 Federal credit union occupancy and disposal of acquired and abandoned premises.
12:7.0.2.3.2.0.11.26	SECTION 701.37	701.37 Treasury tax and loan depositaries; depositaries and financial agents of the Government.
12:7.0.2.3.2.0.11.27	SECTION 701.38	701.38 Borrowed funds from natural persons.
12:7.0.2.3.2.0.11.28	SECTION 701.39	701.39 Statutory lien.
12:7.0.2.3.2.0.11.29.7	APPENDIX Appendix A	Appendix A to Part 701 - Federal Credit Union Bylaws
12:7.0.2.3.2.0.11.29.8	APPENDIX Appendix B	Appendix B to Part 701 - Chartering and Field of Membership Manual