12 CFR § 741.221
Suretyship and guaranty requirements
November 10, 2020
Any credit union, which is insured pursuant to title II of the Act, must adhere to the requirements in §701.20 of this chapter. State-chartered, NCUSIF-insured credit unions may only enter into suretyship and guaranty agreements to the extent authorized under state law.
[69 FR 8548, Feb. 25, 2004]