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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1773 District of Columbia credit unions; conversion to Federal status us united_states_code code_section 12 BANKS AND BANKING 14 FEDERAL CREDIT UNIONS 1773 12 U.S.C. § 1773 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/s1773 data/legal/raw/us/code/title-12/usc12.xml 2323327d70b63359e080604b6b0424fe57894fc06c1bbe97b97219509e8a326d e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 9a1a501b6fb2a7107d2ac22d60496dc949cb693e77a3598ae02b07318bebdedd 2026-07-04 official
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12 U.S.C. § 1773 - District of Columbia credit unions; conversion to Federal status

Text

Any credit union organized under the District of Columbia Credit Unions Act, as amended, may apply for conversion into a Federal credit union by filing with the National Credit Union Administration Board (in sections 1773 to 1775 of this title referred to as the Board), pursuant to a resolution adopted by a majority of its directors, an organization certificate meeting the requirements of section 1753 of this title.

(Pub. L. 88395, § 1, Aug. 1, 1964, 78 Stat. 377; Pub. L. 91206, § 3, Mar. 10, 1970, 84 Stat. 49; Pub. L. 95630, title V, § 501, Nov. 10, 1978, 92 Stat. 3680.)

Notes

Editorial Notes

References in TextThe District of Columbia Credit Unions Act, referred to in text, was repealed by Pub. L. 88395, § 4, Aug. 1, 1964, 78 Stat. 377.

Codification Section was not enacted as part of the Federal Credit Union Act which comprises this chapter.

Statutory Notes and Related Subsidiaries

Transfer of Functions “National Credit Union Administration Board” and “Board” substituted in text for “Director of the Bureau of Federal Credit Unions” and “Director”, respectively, pursuant to section 3 of Pub. L. 91206 and section 501 of Pub. L. 95630 [12 U.S.C. 1752a] which transferred functions of Bureau of Federal Credit Unions, and Director thereof, to National Credit Union Administration and vested authority for management of Administration in National Credit Union Administration Board.

Repeals; Revocation of Organization Certificates Issued Under District of Columbia Credit Unions ActPub. L. 88395, § 4, Aug. 1, 1964, 78 Stat. 377, provided that: “Effective thirty days after enactment of this Act [Aug. 1, 1964], the District of Columbia Credit Unions Act (47 Stat. 326), as amended, is repealed and all organization certificates issued thereunder and still in force are revoked.”