12 CFR 704.16 - Contracts/written agreements.
Code of Federal Regulations - Title 12: Banks and Banking (December 2005)
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TITLE 12 - BANKS AND BANKING
CHAPTER VII - NATIONAL CREDIT UNION ADMINISTRATION
SUBCHAPTER A - REGULATIONS AFFECTING CREDIT UNIONS
PART 704 - CORPORATE CREDIT UNIONS
704.16 - Contracts/written agreements.
Services, facilities, personnel, or equipment shared with any party shall be supported by a written contract, with the duties and responsibilities of each party specified and the allocation of service fee/expenses fully supported and documented.
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