---
type: "LegalText"
title: "12 U.S.C. § 2406"
description: "Compensation of members of Commission"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "25"
chapter_name: "NATIONAL COMMISSION ON ELECTRONIC FUND TRANSFERS"
section: "2406"
citation: "12 U.S.C. § 2406"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
source_identifier: "/us/usc/t12/s2406"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "35f91da10a6d1e6c80ed48489d88f067f8313522e2e6be1f7c2774715f5388c4"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "dd83e881b11aeb26ad8efed880c531d6b3230edd9906a4eddd5d365bb7073cc3"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 12 U.S.C. § 2406 - Compensation of members of Commission

## Text

(a) A member of the Commission who is an officer or employee of the United States shall serve as a member of the Commission without additional compensation, but shall be entitled to reimbursement for travel, subsistence, and other necessary expenses incurred in the performance of his duties as a member of the Commission.

(b) A member of the Commission who is not otherwise an officer or employee of the United States shall be compensated at a rate of $150 per day when engaged in the performance of his duties as a member of the Commission, and shall also be reimbursed for travel, subsistence, and other necessary expenses incurred in the performance of his duties as a member of the Commission.

(Pub. L. 93–495, title II, § 206, Oct. 28, 1974, 88 Stat. 1510.)