Pass-Through Share Insurance for Interest on Lawyers Trust Accounts (US National Credit Union Administration Regulation) (NCUA) (2018 Edition‪)‬

The Law Library presents the complete text of the Pass-Through Share Insurance for Interest on Lawyers Trust Accounts (US National Credit Union Administration Regulation) (NCUA) (2018 Edition).
Updated as of May 29, 2018

The NCUA Board (Board) is amending its share insurance regulations to implement statutory amendments to the Federal Credit Union Act (FCU Act or the Act) resulting from the recent enactment of the Credit Union Share Insurance Fund Parity Act (Insurance Parity Act). The statutory amendments require NCUA to provide enhanced, pass-through share insurance for interest on lawyers trust accounts (IOLTA) and other similar escrow accounts. As its name implies, the Insurance Parity Act ensures that NCUA and the Federal Deposit Insurance Corporation (FDIC) insure IOLTAs and other similar escrow accounts in an equivalent manner.

This ebook contains:
- The complete text of the Pass-Through Share Insurance for Interest on Lawyers Trust Accounts (US National Credit Union Administration Regulation) (NCUA) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure