12 CFR § 712.6 - What activities and services are prohibited for CUSOs?
---
identifier: "/us/cfr/t12/s712.6"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 712.6 - What activities and services are prohibited for CUSOs?"
title_number: 12
title_name: "Banks and Banking"
section_number: "712.6"
section_name: "What activities and services are prohibited for CUSOs?"
chapter_name: "NATIONAL CREDIT UNION ADMINISTRATION"
subchapter_number: "A"
subchapter_name: "REGULATIONS AFFECTING CREDIT UNIONS"
part_number: "712"
part_name: "CREDIT UNION SERVICE ORGANIZATIONS (CUSOs)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1756, 1757(5)(D) and (7)(I), 1766, 1782, 1784, 1785, 1786, and 1789(a)(11)."
regulatory_source: "63 FR 10756, Mar. 5, 1998, unless otherwise noted."
cfr_part: "712"
---
# 712.6 What activities and services are prohibited for CUSOs?
*General.* CUSOs must not acquire control of, either directly or indirectly, another depository financial institution, nor invest in shares, stocks, or obligations of an insurance company, trade association, liquidity facility or similar organization, corporation, or association.
[63 FR 10756, Mar. 5, 1998, as amended at 64 FR 66361, Nov. 26, 1999]