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Corporate credit union rule amendment effective date


The NCUA has published a final rule to amend its regulation at 12 CFR Part 704 to exclude Central Liquidity Facility-related bridge loans (CLF-related bridge loans) from the aggregate unsecured lending cap to one borrower applicable to corporate credit unions. The rule will be effective on October 23, 2015, which is 30 days after its publication in the Federal Register.

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