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The law › Title 12, Banks and Banking › Chapter 14

12 U.S.C. 1752: Definitions

Created in 1959 by Public Law 86-354. Changed by 7 later laws. No bill we track in this Congress changes it.

40 other sections of the Code cite this one, including 7 U.S.C. 1a, 7 U.S.C. 27, 12 U.S.C. 248c, 12 U.S.C. 461, 12 U.S.C. 1422.

4 parts of federal rules cite it as their authority, written by National Credit Union Administration (4).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2006

    • Pub. L. 109–351, §726(1), struck out "and" after semicolon. (Financial Services Regulatory Relief Act of 2006) Law text · (3)
    • Pub. L. 109–351, §726(2), substituted "share draft account" for "share draft account account" in two places and for "share draft account accounts" before "of nonmember". (Financial Services Regulatory Relief Act of 2006) Law text · (5)

    1982

    • Pub. L. 97–320 inserted ", and such terms mean custodial accounts established for loans sold in whole or in part pursuant to section 1757(13) of this title" after "section 1787 of this title". · (5)

    1980

    • Pub. L. 96–221, §§305(a), 307, inserted provisions respecting applicability to share draft accounts substantially similar to provisions added by Pub. L. 96–161, and repealed the amendment made by Pub. L. 96–161. See Repeals and Effective Date of 1980 Amendment notes below. · (5)
    • Pub. L. 96–221, §307, struck out par. (10) which defined "share draft account". See Repeals and Effective Date of 1980 Amendment notes below. · (10)

    1979

    • Pub. L. 96–161, §103(a)(1), inserted ", and such term also includes a share draft account" after "the equivalent of such accounts under State law". · (5)
    • Pub. L. 96–161, §103(a)(2)–(4), added par. (10). · (10)

    1978

    • Pub. L. 95–630, §502(a)(1), substituted provisions defining "Chairman" for provisions defining "Administrator". · (2)
    • Pub. L. 95–630, §502(a)(2), inserted "Administration" after "National Credit Union". · (4)
    • Pub. L. 95–630, §§502(b), 503(a), (b), redesignated par. (4), defining "member account" and "account", as (5) and substituted "share or share certificate" for "share, share certificate, or share deposit" in two places; "Board" for "Administrator" wherever appearing; "share or share certif… · (5)
    • Pub. L. 95–630, §503(a), redesignated former pars. (5) to (7) as (6) to (8). Former par. (8) redesignated (9). · (6), (7), (8)
    • Pub. L. 95–630, §503(a), (c), redesignated former par. (8) as (9), inserted ", including the trust territories," after "several territories", and inserted provision that term "branch" also includes a suboffice, operated by a Federal credit union or by a credit union authorized by the Depa… · (9)

    1977

    • Pub. L. 95–22 inserted provision that such terms mean those accounts of nonmember credit unions and nonmember units of Federal, State, or local governments and political subdivisions thereof in which payments are received by a credit union pursuant to section 1757(6) of this title. · (4)

    1970

    • Pub. L. 91–206 substituting "Administrator" as meaning Administrator of the National Credit Union Administration for "Bureau" as meaning the Bureau of Federal Credit Unions. · (2)
    • Pub. L. 91–206 substituted "Administration" as meaning the National Credit Union Administration for "Director" as meaning Director of the Bureau of Federal Credit Unions. · (3)
    • Pub. L. 91–206 added par. (4). · (4)
    • Pub. L. 91–468, §2, added pars. (4) to (8). · (4), (5), (6), (7), (8)

    1959

    • Pub. L. 86–354 designated the terms defined as subsecs. (1) to (3).

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.