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Requirements for Insurance; National Credit Union Share Insurance Fund Equity Distributions; Correction

---
identifier: "/us/fr/2018-05056"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Requirements for Insurance; National Credit Union Share Insurance Fund Equity Distributions; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "2018-05056"
section_name: "Requirements for Insurance; National Credit Union Share Insurance Fund Equity Distributions; Correction"
positive_law: false
currency: "2018-03-13"
last_updated: "2018-03-13"
format_version: "1.1.0"
generator: "[email protected]"
agency: "National Credit Union Administration"
document_number: "2018-05056"
document_type: "rule"
publication_date: "2018-03-13"
agencies:
  - "National Credit Union Administration"
cfr_references:
  - "12 CFR Part 741"
rin: "3133-AE77"
fr_citation: "83 FR 10783"
fr_volume: 83
effective_date: "2018-03-26"
fr_action: "Final rule; correction."
---

#  Requirements for Insurance; National Credit Union Share Insurance Fund Equity Distributions; Correction

**AGENCY:**

National Credit Union Administration (NCUA).

**ACTION:**

Final rule; correction.

**SUMMARY:**

On February 23, 2018, the NCUA Board (Board) issued a final rule adopting amendments to its share insurance requirements rule to provide stakeholders with greater transparency regarding the calculation of each eligible financial institution's pro rata share of a declared equity distribution from the National Credit Union Share Insurance Fund (NCUSIF). A clerical error appeared which confuses what CFR unit is being amended. This document corrects that error.

**DATES:**

This correction is effective March 26, 2018.

**FOR FURTHER INFORMATION CONTACT:**

Benjamin M. Litchfield, Staff Attorney, Office of General Counsel, at (703) 518-6540; or Steve Farrar, Supervisory Financial Analyst, Office of Examination and Insurance, at (703) 518-6360. You may also contact them at the National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428.

**SUPPLEMENTARY INFORMATION:**

On February 23, 2018, at 83 FR 7954, the Board issued a final rule adopting amendments to 12 CFR part 741. In amendments to appendices A, B, and C to part 741, incorrect headings appeared above amendatory instructions 4 and 5 on page 7964 identifying the wrong CFR part. Instruction 5 omitted the part number.

Therefore, FR Rule Doc. No. 2018-03622, published on February 23, 2018, beginning on page 7954, is corrected as follows:

**12 CFR Part 741**

1. On page 7964, in the center column, the heading above amendatory instruction 4 is corrected to read as follows:

**Appendix A to Part 741 [Removed]**

**12 CFR Part 741**

2. On page 7964, in the center column, the heading above amendatory instruction 5 and amendatory instruction 5 are corrected to read as follows:

**Appendices B and C to Part 741 [Redesignated as Appendices A and B to Part 741]**

5. Redesignate appendix B and appendix C to part 741 as appendix A and appendix B to part 741, respectively.

By the National Credit Union Administration Board on March 7, 2018.

Gerard Poliquin,

Secretary of the Board.