{"id":"AGY-FED-FINANCIAL-048","kind":"order","level":"federal","jurisdiction":"United States; National Credit Union Administration (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"NCUA Board","authority":"12 U.S.C. § 1766(a); § 1789","instrument":"Temporary final rule, Temporary Regulatory Relief in Response to COVID-19-Extension, 85 Fed. Reg. 83405 (Dec. 22, 2020)","title":"Temporary Regulatory Relief in Response to COVID-19-Extension","dateIssued":"2020-12-22","effective":"2020-12-22","end":"2021-12-31","startDate":"2020-12-22","endDate":"2021-12-31","quarters":["2020Q4","2021Q1","2021Q2","2021Q3"],"types":["OTHER","CLOSE"],"addressees":["federal credit unions"],"clause":"[The Board is] extending the effective date of its [April 2020 temporary final rule, which] temporarily raised the maximum aggregate amount of loan [participations a federal credit union may purchase to the] greater of $5,000,000 or 200 percent of [net worth and tolled the occupancy and disposal timeframes for premises, because of the] distancing practices necessitated by [the pandemic].... [The Board] determined that it is necessary to extend the effectiveness of these temporary [measures through December 31, 2021].","enforcement":"12 C.F.R. part 701","functions":["BR premises (occupancy clock tolled through 2021)","BL","OP"],"notes":"A Q3 2021 instrument: the NCUA Board\u0027s December 2020 finding that \u0027distancing practices necessitated by\u0027 the pandemic would continue to idle premises through 2021","sourceUrl":"https://www.govinfo.gov/content/pkg/FR-2020-12-22/pdf/2020-28279.pdf","snapshot":"","fileExists":true,"fileBytes":241049,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-048","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-048","citation":"NCUA Board, Temporary final rule, Temporary Regulatory Relief in Response to COVID-19-Extension, 85 Fed. Reg. 83405 (Dec. 22, 2020) (Ex. AGY-FED-FINANCIAL-048)","stateName":"","related":[]}