---
kind: "section"
citation: "12 C.F.R. § 741.0"
title: "12"
number: "741.0"
heading: "Scope."
url: "https://uscodex.org/cfr/12/741.0"
---

# §741.0. Scope.


The provisions of this part apply to federal credit unions, federally insured state-chartered credit unions, and credit unions making application for insurance of accounts pursuant to title II of the Act, unless the context of a provision indicates its application is otherwise limited. This part prescribes various requirements for obtaining and maintaining federal insurance and the payment of insurance premiums and capitalization deposit. [Subpart A](/cfr/12/subpartA.md) of this part contains substantive requirements that are not codified elsewhere in this chapter. [Subpart B](/cfr/12/subpartB.md) of this part lists additional regulations, set forth elsewhere in this chapter as applying to federal credit unions, that also apply to federally insured state-chartered credit unions. As used in this part, “insured credit union” means a credit union whose accounts are insured by the National Credit Union Share Insurance Fund (NCUSIF).


## Notes

### Authority

Authority: 12 U.S.C. 1757, 1766(a), 1781-1790, 1790d, 3331 et seq; 31 U.S.C. 3717.

### Source

Source: 60 FR 58504, Nov. 28, 1995, unless otherwise noted.