---
kind: "unit"
title: "12"
title_heading: "Banks and Banking"
key: "chVII/subchA/part723"
level: "part"
label: "Part 723"
heading: "Member Business Loans; Commercial Lending"
release: "ecfr-current"
date: "2026-08-27"
url: "https://uscodex.org/cfr/12/chVII-subchA-part723"
sections_count: 10
---

# Part 723 — Member Business Loans; Commercial Lending

Title 12 C.F.R. — Banks and Banking › Chapter VII — National Credit Union Administration › Subchapter A — Regulations Affecting Credit Unions

## Sections

- [§723.1. Purpose and scope.](/cfr/12/723.1.md)
- [§723.2. Definitions.](/cfr/12/723.2.md)
- [§723.3. Board of directors and management responsibilities.](/cfr/12/723.3.md)
- [§723.4. Commercial loan policy.](/cfr/12/723.4.md)
- [§723.5. Collateral and security.](/cfr/12/723.5.md)
- [§723.6. Construction and development loans.](/cfr/12/723.6.md)
- [§723.7. Prohibited activities.](/cfr/12/723.7.md)
- [§723.8. Aggregate member business loan limit; exclusions and exceptions.](/cfr/12/723.8.md)
- [§723.9. Transitional provisions.](/cfr/12/723.9.md)
- [§723.10. State regulation of business lending.](/cfr/12/723.10.md)