{"id":"AGY-FED-FINANCIAL-039","kind":"order","level":"federal","jurisdiction":"United States; National Credit Union Administration (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"NCUA Board","authority":"12 U.S.C. § 1766(a); § 1789","instrument":"Temporary final rule, Temporary Regulatory Relief in Response to COVID-19, 85 Fed. Reg. 22010 (Apr. 21, 2020)","title":"Temporary Regulatory Relief in Response to COVID-19","dateIssued":"2020-04-21","effective":"2020-04-21","end":"2020-12-31 (extended to 2021-12-31 by 85 Fed. Reg. 83405, Ex. 048)","startDate":"2020-04-21","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["OTHER","CLOSE"],"addressees":["federal credit unions"],"clause":"DATES: This rule is effective from April 21, 2020 through December 31, 2020.... The Board is also temporarily [tolling the] timeframes for the occupancy or [disposal of acquired and] abandoned [premises]. These temporary [measures expire on] December 31, 2020, unless extended.","enforcement":"12 C.F.R. part 701; 12 U.S.C. § 1786","functions":["BR premises","BL loan participations","OP"],"notes":"Force-of-law rule stopping the premises-occupancy clock and raising loan-participation limits because \u0027social distancing practices necessitated by\u0027 the pandemic (Ex. 048 recital) idled premises","sourceUrl":"https://www.govinfo.gov/content/pkg/FR-2020-04-21/pdf/2020-08434.pdf","snapshot":"","fileExists":true,"fileBytes":261376,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-039","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-039","citation":"NCUA Board, Temporary final rule, Temporary Regulatory Relief in Response to COVID-19, 85 Fed. Reg. 22010 (Apr. 21, 2020) (Ex. AGY-FED-FINANCIAL-039)","stateName":"","related":["AGY-FED-FINANCIAL-040","AGY-FED-FINANCIAL-041","AGY-FED-FINANCIAL-044"]}