AGENCY:
National Credit Union Administration (NCUA).
SUMMARY:
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.
DATES:
Comments must be received on or before April 27, 2026.
ADDRESSES:
You may submit written comments by any of the following methods identified by RIN (Please send comments by one method only):
- Federal eRulemaking Portal: https://www.regulations.gov. Follow the instructions for submitting comments for Docket Number NCUA-2026-0435.
- Mail: Address to Melane Conyers-Ausbrooks, Secretary of the Board, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428.
- Hand Delivery/Courier: Same as mail address.
Mailed and hand-delivered comments must be received by the close of the comment period.
Public Inspection: All public comments are available on the Federal eRulemaking Portal at https://www.regulations.gov as submitted, except when impossible for technical reasons. Public comments will not be edited to remove any identifying or contact information. If you are unable to access public comments on the internet, you may contact the NCUA for alternative access by calling (703) 518-6540 or emailing OGCMail@ncua.gov.