12 CFR § 791.19 - Purpose.

---
identifier: "/us/cfr/t12/s791.19"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 791.19 - Purpose."
title_number: 12
title_name: "Banks and Banking"
section_number: "791.19"
section_name: "Purpose."
chapter_name: "NATIONAL CREDIT UNION ADMINISTRATION"
subchapter_number: "B"
subchapter_name: "REGULATIONS AFFECTING THE OPERATIONS OF THE NATIONAL CREDIT UNION ADMINISTRATION"
part_number: "791"
part_name: "RULES OF NCUA BOARD PROCEDURE; PROMULGATION OF NCUA RULES AND REGULATIONS; PUBLIC OBSERVATION OF NCUA BOARD MEETINGS"
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. 1766, 1781, 1786, 1787, 1789, and 5 U.S.C. 552b."
regulatory_source: "53 FR 29647, Aug. 8, 1988, unless otherwise noted."
cfr_part: "791"
---


# 791.19 Purpose.

The NCUA issues regulations and guidance as part of its supervisory function. This subpart reiterates the distinctions between regulations and guidance, as stated in the Interagency Statement Clarifying the Role of Supervisory Guidance (Interagency Statement) and provides that the Statement is binding on the NCUA.