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Proposed rule

Statutory Liens

Built by the Tribune's code from the Federal Register. No AI wrote this page. Published in the Federal Register Feb. 25, 2026. Document 2026-03758. Updated Nov. 14, 2026.

What it does

The NCUA Board (Board) is publishing this proposed rule to remove a provision of NCUA regulations regarding federal credit unions' (FCUs) statutory lien authority. The Board believes it is redundant to continue to include a definition of the term "except as otherwise provided by law or except as otherwise provided by federal law" when it is axiomatic that a law that supersedes this regulation would be controlling. The provision does not provide any assistance to FCUs in determining whether such statutory or case law exists, therefore it has no material value.

The National Credit Union Administration's summary, as published in the Federal Register.

What it would change

1 part of Title 12 of the Code of Federal Regulations:

12 CFR 701

Before this

No earlier Federal Register document under regulation identifier 3133-AF86 since Jan. 1, 2025.

Since then:

What happens next and when

Comments must be received on or before April 27, 2026.

The agency's dates, word for word.

Document number2026-03758
ActionProposed rule.
AgenciesNational Credit Union Administration
PublishedFeb. 25, 2026
Comments closeApril 27, 2026
Regulation identifier (RIN)3133-AF86
DocketNCUA-2026-0435

Source: the Federal Register (public domain). The document in the Federal Register