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15 U.S.C. § 9047Federal credit union transaction account guarantees

submitted 6 years ago by Pub. L. 116-136 to r/title-15-COMMERCE-AND-TRADE · 79 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

Notwithstanding any other provision of law and in coordination with the Federal Deposit Insurance Corporation, the National Credit Union Administration Board may by a vote of the Board increase to unlimited, or such lower amount as the Board approves, the share insurance coverage provided by the National Credit Union Share Insurance Fund on any noninterest-bearing transaction account in any federally insured credit union without exception, provided that any such increase shall terminate not later than December 31, 2020.

Source credit: (Pub. L. 116–136, div. A, title IV, § 4008(b), Mar. 27, 2020, 134 Stat. 478.)

history & why it existsrecord from the source credit
  • 2020Enacted · Pub. L. 116-136 · 134 Stat. 478

A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-136 on 2020-03-27.

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