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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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| LegalText | 12 U.S.C. § 1772c–1 | Community development revolving loan fund for credit unions | us | united_states_code | code_section | 12 | BANKS AND BANKING | 14 | FEDERAL CREDIT UNIONS | 1772c–1 | 12 U.S.C. § 1772c–1 | current | 119-100 | 2026-06-26 | official | https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip | /us/usc/t12/s1772c–1 | data/legal/raw/us/code/title-12/usc12.xml | 56538dc1fddd556e4797a8a31ae7fa54adc50f9ec399e4442dc5b36bca663c75 | e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa | 94eff306e80c19cfee9271a6cfaaff7462b2ac38707ff9d6e74791c7058078de | 2026-07-04 | official |
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12 U.S.C. § 1772c–1 - Community development revolving loan fund for credit unions
Text
(a) In general The Board may exercise the authority granted to it by the Community Development Credit Union Revolving Loan Fund Transfer Act, including any additional appropriation made or earnings accrued, subject only to this section and to regulations prescribed by the Board.
(b) Investment The Board may invest any idle Fund moneys in United States Treasury securities. Any interest accrued on such securities shall become a part of the Fund.
(c) Loans The Board may require that any loans made from the Fund be matched by increased shares in the borrower credit union.
(d) Interest Interest earned by the Fund may be allocated by the Board for technical assistance to community development credit unions, subject to an appropriations Act.
(e) “Fund” defined As used in this section, the term “Fund” means the Community Development Credit Union Revolving Loan Fund.
(June 26, 1934, ch. 750, title I, § 130, as added Pub. L. 103–325, title I, § 120(b), Sept. 23, 1994, 108 Stat. 2188.)
Notes
Editorial Notes
References in TextThe Community Development Credit Union Revolving Loan Fund Transfer Act, referred to in subsec. (a), is Pub. L. 99–609, Nov. 6, 1986, 100 Stat. 3475, which is set out as a note under section 9822 of Title 42, The Public Health and Welfare.