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Title

  • Guidance To State Chartered Credit Unions Regarding the Deferral of An Appraisal or Written Estimate of Market Value

Description

  • The Department of Financial and Professional Regulation (Department) intends to promulgate a rule in substantial conformity with the rule promulgated by the NCUA under the Federal Credit Union Act to allow a federal credit union to temporarily defer certain appraisals and written estimates of market value for up to 120 days after closing.

Originally Deposited as: 197617

Published By:
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Language(s): EN-English

Volume or Year: 2020
Number or Issue: May 1

Date Created: 05-01-2020
Date Last Modified: 05-01-2020

Librarian Remarks:

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1. The Department of Financial and Professional Regulation (āDepartmentā) intends to promulgate a rule in substantial conformity with the rule promulgated by the NCUA under the Federal Credit Union Act to allow a federal credit union to temporarily defer certain appraisals and written estimates of market value for up to 120 days after closing. (GuidanceRegardingDeferralofanAppraisalorWrittenEstimateofMarketValue5120.pdf).
Document Size: Software: Microsoft Word Version: for Office 365

This is part of a series. It is part of Press releases from the Governor's agencies: 86057