The League – Fostering Financial Wellbeing for All

NCUA: Legal Opinion Letter No. 00-0605 – ​Permissibility of Nonmember Co-borrower (August 28, 2000)

Opinion Letter regarding when does nonmember involvement in a loan or line of credit so distort the lending relationship between the FCU and the member to render the transaction an impermissible loan to a nonmember in violation of the FCU Act.