12 CFR § 791.20 - Implementation of the Interagency Statement.

---
identifier: "/us/cfr/t12/s791.20"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 791.20 - Implementation of the Interagency Statement."
title_number: 12
title_name: "Banks and Banking"
section_number: "791.20"
section_name: "Implementation of the Interagency Statement."
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"
---


# 791.20 Implementation of the Interagency Statement.

The Statement describes the official policy of the NCUA with respect to the use of supervisory guidance in the supervisory process. The Statement is binding on the NCUA.