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    <title>The Federal Register</title>
    <link>http://thefederalregister.com/b.p/agency/National_Credit_Union_Administration/2005-12-21/</link>
    <description>Daily Publications of Meetings and Rules Changes for the Federal Government</description>
    <pubDate>Tue, Dec 2 2008 11:00:00 GMT</pubDate>
    <lastBuildDate>Tue, Dec 2 2008 11:00:00 GMT</lastBuildDate>
    <webMaster>info@thefederalregister.com</webMaster>
    <item>
  <title><![CDATA[
Requirements for Insurance ]]></title>
  <link>http://thefederalregister.com/d.p/2005-12-21-05-24284</link>
  <description><![CDATA[ NCUA is issuing its rule on the purchase of assets and 
assumption of liabilities by federallyinsured credit unions to clarify 
which transfers of assets or accounts require approval by the NCUA 
Board.
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  <guid>http://thefederalregister.com/d.p/2005-12-21-05-24284</guid>
  <pubDate>Wed, Dec 21 2005 11:00:00 GMT</pubDate>
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  <title><![CDATA[
Member Business Loans ]]></title>
  <link>http://thefederalregister.com/d.p/2005-12-21-05-24285</link>
  <description><![CDATA[ NCUA is revising its member business loans (MBL) rule to 
clarify the minimum capital requirements a federally insured corporate 
credit union (corporate) must meet to make unsecured MBLs to members 
that are not credit unions or corporate credit union service 
organizations (corporate CUSOs). NCUA is also revising the definition 
of a construction or development loan (C&D loan) to include certain 
loans to borrowers who already own or have rights to property and the 
definition of net worth to be more consistent with its definition in 
the Federal Credit Union Act (Act) and NCUA's prompt corrective action 
regulation (PCA). Finally, the rule clarifies that a state may rescind 
a state MBL rule without NCUA's approval.
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  <guid>http://thefederalregister.com/d.p/2005-12-21-05-24285</guid>
  <pubDate>Wed, Dec 21 2005 11:00:00 GMT</pubDate>
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  <title><![CDATA[
Third-Party Servicing of Indirect Vehicle Loans ]]></title>
  <link>http://thefederalregister.com/d.p/2005-12-21-E5-7584</link>
  <description><![CDATA[ The NCUA is issuing a proposed rule to regulate purchases by 
federally insured credit unions of indirect vehicle loans serviced by 
thirdparties. NCUA proposes to limit the aggregate amount of these 
loans serviced by any single thirdparty to a percentage of the credit 
union's net worth. The effect of the proposed rule would be to ensure 
that federally insured credit unions do not undertake undue risk with 
these purchases.
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  <guid>http://thefederalregister.com/d.p/2005-12-21-E5-7584</guid>
  <pubDate>Wed, Dec 21 2005 11:00:00 GMT</pubDate>
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