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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. § 1795 Congressional findings us united_states_code code_section 12 BANKS AND BANKING 14 FEDERAL CREDIT UNIONS 1795 12 U.S.C. § 1795 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/s1795 data/legal/raw/us/code/title-12/usc12.xml e022e4d68984c5d25e1566f8be79c9bb68d2f35f6f6ca1f0460d850a620c63b7 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa f515c257f9b98f537e2522689db67ff12d935207ac6109164f88f5ab7309e2d2 2026-07-04 official
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12 U.S.C. § 1795 - Congressional findings

Text

The Congress finds that the establishment of a National Credit Union Central Liquidity Facility is needed to improve general financial stability by meeting the liquidity needs of credit unions and thereby encourage savings, support consumer and mortgage lending, and provide basic financial resources to all segments of the economy.

(June 26, 1934, ch. 750, title III, formerly subch. III, § 301, as added Pub. L. 95630, title XVIII, § 1802, Nov. 10, 1978, 92 Stat. 3719; amended Pub. L. 96221, title III, § 309(b)(1), Mar. 31, 1980, 94 Stat. 149.)

Notes

Editorial Notes

Codification Section 309(b)(1) of Pub. L. 96221 redesignated subch. III as title III of act June 26, 1934, ch. 750, cited as a credit to this section.

Statutory Notes and Related Subsidiaries

Effective DatePub. L. 95630, title XVIII, § 1806, Nov. 10, 1978, 92 Stat. 3724, provided that: “This title [enacting this subchapter and amending section 1757 of this title, section 709 of Title 18, Crimes and Criminal Procedure, and section 856 of former Title 31, Money and Finance] shall take effect on October 1, 1979.”

Short TitleFor short title of title XVIII of Pub. L. 95630, Nov. 10, 1978, 92 Stat. 3719, as the “National Credit Union Central Liquidity Facility Act”, see section 1801 of Pub. L. 95630, set out as a Short Title of 1978 Amendment note under section 1751 of this title.