12 CFR § 741.221 - Suretyship and guaranty requirements.

---
identifier: "/us/cfr/t12/s741.221"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 741.221 - Suretyship and guaranty requirements."
title_number: 12
title_name: "Banks and Banking"
section_number: "741.221"
section_name: "Suretyship and guaranty requirements."
chapter_name: "NATIONAL CREDIT UNION ADMINISTRATION"
subchapter_number: "A"
subchapter_name: "REGULATIONS AFFECTING CREDIT UNIONS"
part_number: "741"
part_name: "REQUIREMENTS FOR INSURANCE"
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. 1757, 1766(a), 1781-1790, 1790d, 3331  31 U.S.C. 3717."
regulatory_source: "60 FR 58504, Nov. 28, 1995, unless otherwise noted."
cfr_part: "741"
---


# 741.221 Suretyship and guaranty requirements.

Any credit union, which is insured pursuant to title II of the Act, must adhere to the requirements in § 701.20 of this chapter. State-chartered, NCUSIF-insured credit unions may only enter into suretyship and guaranty agreements to the extent authorized under state law.

[69 FR 8548, Feb. 25, 2004]