Source: http://law2.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1781&num=0&edition=prelim
Timestamp: 2019-07-17 02:49:08
Document Index: 50747817

Matched Legal Cases: ['§ 1781', '§301', '§201', '§1', '§1', '§301', '§502', '§2801', '§2615', '§726', '§502', '§1', '§2615']

[USC10] 12 USC 1781: Insurance of member accounts
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12 USC 1781: Insurance of member accounts Text contains those laws in effect on July 15, 2019
Application for insurance of member accounts shall be made immediately by each Federal credit union and may be made at any time by a State credit union or a credit union operating under the jurisdiction of the Department of Defense. Applications for such insurance shall be in such form as the Board shall provide and shall contain an agreement by the applicant-
(1) Before approving the application of any credit union for insurance of its member accounts, the Board shall consider-
(3) Repealed. Pub. L. 95–22, title III, §301, Apr. 19, 1977, 91 Stat. 49 .
(June 26, 1934, ch. 750, title II, §201, as added Pub. L. 91–468, §1(3), Oct. 19, 1970, 84 Stat. 994 ; amended Pub. L. 92–221, §§1, 2, Dec. 23, 1971, 85 Stat. 796 , 797; Pub. L. 95–22, title III, §301, Apr. 19, 1977, 91 Stat. 49 ; Pub. L. 95–630, title V, §§502(b), 504, Nov. 10, 1978, 92 Stat. 3681 , 3682; Pub. L. 98–369, div. B, title VIII, §2801, July 18, 1984, 98 Stat. 1203 ; Pub. L. 104–208, div. A, title II, §2615(a), Sept. 30, 1996, 110 Stat. 3009–478 ; Pub. L. 109–351, title VII, §726(11), Oct. 13, 2006, 120 Stat. 2002 .)
2006-Subsec. (b)(5). Pub. L. 109–351 substituted "this chapter" for "section 1762 of this title".
1996-Subsec. (e). Pub. L. 104–208 added subsec. (e).
1984-Subsec. (b)(8). Pub. L. 98–369 inserted provisions relating to payment and maintenance of the deposit.
1978-Subsec. (a). Pub. L. 95–630, §§502(b), 504(a), substituted "Board" for "Administrator" and "it" for "he", and inserted ", including the trust territories," after "the several territories".
1977-Subsec. (c)(3) Pub. L. 95–22 struck out par. (3) which provided for approval by Administrator of applications of State credit unions for insurance of its member accounts where credit union meets requirements of this chapter and where in the event of liquidation of the credit union, the claims with respect to demand deposit accounts shall be subordinate to the claims with respect to member accounts.
1971-Subsec. (c)(2). Pub. L. 92–221, §1(a), substituted "disapproved" for "reject".
Pub. L. 104–208, div. A, title II, §2615(c), Sept. 30, 1996, 110 Stat. 3009–479 , provided that: "The amendments made by this section [amending this section and section 1828 of this title] shall apply on and after January 1, 1996."