Combination Transactions With Non-Credit Unions; Reopening of Comment Period, 20618 [2020-07157]

Download as PDF 20618 Proposed Rules Federal Register Vol. 85, No. 72 Tuesday, April 14, 2020 This section of the FEDERAL REGISTER contains notices to the public of the proposed issuance of rules and regulations. The purpose of these notices is to give interested persons an opportunity to participate in the rule making prior to the adoption of the final rules. NATIONAL CREDIT UNION ADMINISTRATION 12 CFR Parts 708a and 741 RIN 3313–AF10 Combination Transactions With NonCredit Unions; Reopening of Comment Period National Credit Union Administration (NCUA). ACTION: Proposed rule; reopening of comment period. AGENCY: On January 30, 2020, the NCUA Board (Board) published a Notice of Proposed Rulemaking (NPRM) in the Federal Register. The NPRM requested comment on the Board’s proposal to add subpart D to part 708a of its regulations and clarify the scope of section 741.8 of the NCUA’s regulations related to procedures and requirements for combination transactions. The NPRM provided a 60-day comment period that closed on March 30, 2020. To allow stakeholders more time to consider and submit their comments, the Board has determined to reopen the comment period for an additional 60 days. DATES: The Board is reopening the comment period on the proposed rule that published January 30, 2020 at 85 FR 5336. Submit comments by June 15, 2020. jbell on DSKJLSW7X2PROD with PROPOSALS SUMMARY: Street, Alexandria, Virginia 22314– 3428. • Hand Delivery/Courier: Same as mail address. Public inspection: All public comments are available on the agency’s website at http://www.ncua.gov/ RegulationsOpinionsLaws/comments as submitted, except as may not be possible for technical reasons. Public comments will not be edited to remove any identifying or contact information. Due to social distancing measures in effect through at least April 30, 2020, the usual opportunity to inspect paper copies of comments in the NCUA’s law library is not currently available. After social distancing measures are relaxed, visitors may make an appointment to review paper copies by calling (703) 518–6540 or emailing OGCMail@ ncua.gov. FOR FURTHER INFORMATION CONTACT: Elizabeth Wirick, Senior Staff Attorney, Office of General Counsel, 1775 Duke Street, Alexandria, Virginia 22314, or by telephone at (703) 518–6540. On January 30, 2020, the Board issued an NPRM proposing to clarify the procedures and requirements for combination transactions (85 FR 5336). Combination transactions include those where a federally insured credit union (FICU) proposes to assume liabilities from a non-credit union, including a bank, as well as a FICU’s merger or consolidation with a non-credit union entity. The NPRM also clarified the scope of section 741.8 of the NCUA’s regulations. The NPRM provided a 60-day public comment period that closed on March ADDRESSES: You may submit comments 30, 2020. In light of the challenges by any of the following methods (Please posed by the COVID–19 (coronavirus send comments by one method only). infection) pandemic, various Please note that the NCUA is now stakeholders requested additional time accepting electronic comments only to comment on the proposed rule. The through the Federal eRulemaking portal, Board has determined that reopening Regulations.gov: the NPRM comment period, with • Federal eRulemaking Portal: http:// comments now due June 15, 2020, is www.regulations.gov. Follow the appropriate. instructions for submitting comments. • Fax: (703) 518–6319. Use the By the National Credit Union subject line ‘‘[Your name] Comments on Administration Board on March 28, 2020. Combination Transactions’’ on the Gerard Poliquin, transmission cover sheet. Secretary of the Board. • Mail: Address to Gerard Poliquin, [FR Doc. 2020–07157 Filed 4–13–20; 8:45 am] Secretary of the Board, National Credit Union Administration, 1775 Duke BILLING CODE 7535–01–P VerDate Sep<11>2014 16:44 Apr 13, 2020 Jkt 250001 SUPPLEMENTARY INFORMATION: PO 00000 Frm 00001 Fmt 4702 Sfmt 4702 DEPARTMENT OF TRANSPORTATION Federal Aviation Administration 14 CFR Part 39 [Docket No. FAA–2020–0215; Product Identifier 2018–SW–088–AD] RIN 2120–AA64 Airworthiness Directives; Leonardo S.p.A. Helicopters Federal Aviation Administration (FAA), DOT. ACTION: Notice of proposed rulemaking (NPRM). AGENCY: The FAA proposes to adopt a new airworthiness directive (AD) for certain Leonardo S.p.A. (Leonardo) Model AB139, AW139, AW169, and AW189 helicopters. This proposed AD was prompted by reports of uncommanded deployment of the emergency flotation system (EFS) due to improper accomplishment of the reset procedure of the shape memory alloy (SMA) inflation system actuation device. This proposed AD would require removal of affected SMA inflation systems and installation of serviceable SMA inflation systems. The FAA is proposing this AD to address the unsafe condition on these products. DATES: The FAA must receive comments on this proposed AD by May 29, 2020. ADDRESSES: You may send comments, using the procedures found in 14 CFR 11.43 and 11.45, by any of the following methods: • Federal eRulemaking Portal: Go to https://www.regulations.gov. Follow the instructions for submitting comments. • Fax: 202–493–2251. • Mail: U.S. Department of Transportation, Docket Operations, M– 30, West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE, Washington, DC 20590. • Hand Delivery: Deliver to Mail address above between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. For service information identified in this NPRM, contact Leonardo S.p.A. Helicopters, Emanuele Bufano, Head of Airworthiness, Viale G.Agusta 520, 21017 C.Costa di Samarate (Va) Italy; telephone +39–0331–225074; fax +39– 0331–229046; or at https:// www.leonardocompany.com/en/home. SUMMARY: E:\FR\FM\14APP1.SGM 14APP1

Agencies

[Federal Register Volume 85, Number 72 (Tuesday, April 14, 2020)]
[Proposed Rules]
[Page 20618]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-07157]


========================================================================
Proposed Rules
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains notices to the public of 
the proposed issuance of rules and regulations. The purpose of these 
notices is to give interested persons an opportunity to participate in 
the rule making prior to the adoption of the final rules.

========================================================================


Federal Register / Vol. 85, No. 72 / Tuesday, April 14, 2020 / 
Proposed Rules

[[Page 20618]]



NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Parts 708a and 741

RIN 3313-AF10


Combination Transactions With Non-Credit Unions; Reopening of 
Comment Period

AGENCY: National Credit Union Administration (NCUA).

ACTION: Proposed rule; reopening of comment period.

-----------------------------------------------------------------------

SUMMARY: On January 30, 2020, the NCUA Board (Board) published a Notice 
of Proposed Rulemaking (NPRM) in the Federal Register. The NPRM 
requested comment on the Board's proposal to add subpart D to part 708a 
of its regulations and clarify the scope of section 741.8 of the NCUA's 
regulations related to procedures and requirements for combination 
transactions. The NPRM provided a 60-day comment period that closed on 
March 30, 2020. To allow stakeholders more time to consider and submit 
their comments, the Board has determined to reopen the comment period 
for an additional 60 days.

DATES: The Board is reopening the comment period on the proposed rule 
that published January 30, 2020 at 85 FR 5336. Submit comments by June 
15, 2020.

ADDRESSES: You may submit comments by any of the following methods 
(Please send comments by one method only). Please note that the NCUA is 
now accepting electronic comments only through the Federal eRulemaking 
portal, Regulations.gov:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Fax: (703) 518-6319. Use the subject line ``[Your name] 
Comments on Combination Transactions'' on the transmission cover sheet.
     Mail: Address to Gerard Poliquin, Secretary of the Board, 
National Credit Union Administration, 1775 Duke Street, Alexandria, 
Virginia 22314-3428.
     Hand Delivery/Courier: Same as mail address.
    Public inspection: All public comments are available on the 
agency's website at http://www.ncua.gov/RegulationsOpinionsLaws/comments as submitted, except as may not be possible for technical 
reasons. Public comments will not be edited to remove any identifying 
or contact information. Due to social distancing measures in effect 
through at least April 30, 2020, the usual opportunity to inspect paper 
copies of comments in the NCUA's law library is not currently 
available. After social distancing measures are relaxed, visitors may 
make an appointment to review paper copies by calling (703) 518-6540 or 
emailing [email protected].

FOR FURTHER INFORMATION CONTACT: Elizabeth Wirick, Senior Staff 
Attorney, Office of General Counsel, 1775 Duke Street, Alexandria, 
Virginia 22314, or by telephone at (703) 518-6540.

SUPPLEMENTARY INFORMATION: On January 30, 2020, the Board issued an 
NPRM proposing to clarify the procedures and requirements for 
combination transactions (85 FR 5336). Combination transactions include 
those where a federally insured credit union (FICU) proposes to assume 
liabilities from a non-credit union, including a bank, as well as a 
FICU's merger or consolidation with a non-credit union entity. The NPRM 
also clarified the scope of section 741.8 of the NCUA's regulations.
    The NPRM provided a 60-day public comment period that closed on 
March 30, 2020. In light of the challenges posed by the COVID-19 
(coronavirus infection) pandemic, various stakeholders requested 
additional time to comment on the proposed rule. The Board has 
determined that reopening the NPRM comment period, with comments now 
due June 15, 2020, is appropriate.


    By the National Credit Union Administration Board on March 28, 
2020.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2020-07157 Filed 4-13-20; 8:45 am]
 BILLING CODE 7535-01-P