Amendment provided the National Credit Union Administration (NCUA) the same regulatory authority granted to the Federal Deposit Insurance Corporation in certain areas.

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Amendment Number
69
Description
Amendment provided the National Credit Union Administration (NCUA) the same regulatory authority granted to the Federal Deposit Insurance Corporation in certain areas.
Purpose
An amendment to grant the National Credit Union Administration (NCUA) the same authority granted to the FDIC under the bill in the following areas: managing assets, collecting obligations and money due the institution, determining whether to enforce or repudiate contracts, and resolving claims.
Congress
101
Type
HAMDT
Latest Action Date
Jun 15, 1989
Latest Action Text
On agreeing to the Hoagland amendment (A013) Agreed to by voice vote.
Latest Action Time
22:09:12
Submitted Date
Jun 15, 1989
Chamber
House of Representatives
Update Date
Jul 10, 2021
Amendment 69 — Informed