15 U.S.C. § 9047

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)
Section 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.

15 U.S.C. § 9047

Pub. L. 116-136, div. A, title IV, §4008(b), Mar. 27, 2020, 134 Stat. 478.
Administration
the terms "Administration" and "Administrator" mean the Small Business Administration and the Administrator thereof, respectively; and