15 U.S.C. · Commerce and Trade
15 U.S.C. § 9047

Federal credit union transaction account guarantees

Ch. 116 — CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT)
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 116
Statutory Text

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

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 116 - CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT) SUBCHAPTER III - ECONOMIC STABILIZATION AND ASSISTANCE TO SEVERELY DISTRESSED SECTORS OF THE UNITED STATES ECONOMY Part A - Coronavirus Economic Stabilization Sec. 9047 - Federal credit union transaction account guarantees From the U.S. Government Publishing Office, www.gpo.gov

§9047. Federal credit union transaction account guarantees

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.

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

Source: uscode.house.gov — public domain Official Source ↗
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15 U.S.C. § 9047
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The statutory text of 15 U.S.C. § 9047 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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