12 CFR § 725.21 - Modification of agreements.

---
identifier: "/us/cfr/t12/s725.21"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 725.21 - Modification of agreements."
title_number: 12
title_name: "Banks and Banking"
section_number: "725.21"
section_name: "Modification of agreements."
chapter_name: "NATIONAL CREDIT UNION ADMINISTRATION"
subchapter_number: "A"
subchapter_name: "REGULATIONS AFFECTING CREDIT UNIONS"
part_number: "725"
part_name: "NATIONAL CREDIT UNION ADMINISTRATION CENTRAL LIQUIDITY FACILITY"
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. 1795f(a)(2)."
regulatory_source: "44 FR 49437, Aug. 23, 1979, unless otherwise noted."
cfr_part: "725"
---


# 725.21 Modification of agreements.

The repayment, security, and credit reporting terms under which Facility advances and Agent loans will be made, as provided in § 725.20 of this part, shall be subject to modification from time to time as the NCUA Board may determine. Any change in such terms shall be published in the *Federal Register* and shall apply to all advances disbursed by the Facility after the effective date of the change.