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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 15 U.S.C. § 9047 Federal credit union transaction account guarantees us united_states_code code_section 15 COMMERCE AND TRADE 116 CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT) 9047 15 U.S.C. § 9047 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s9047 data/legal/raw/us/code/title-15/usc15.xml ad676acc213620218ca34d715974d06c35194c5d0c2944236be3b593b3812eb7 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 f0f14ef464916f68f1fb4daa67352a4964ccf9fe931721b71eb9bb042e8d1ba6 2026-07-04 official
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15 U.S.C. § 9047 - Federal credit union transaction account guarantees

Text

Notwithstanding any other provision of law and in coordination with the Federal Deposit Insurance Corporation, the National Credit Union Administration Board may by a vote of the Board increase to unlimited, or such lower amount as the Board approves, the share insurance coverage provided by the National Credit Union Share Insurance Fund on any noninterest-bearing transaction account in any federally insured credit union without exception, provided that any such increase shall terminate not later than December 31, 2020.

(Pub. L. 116136, div. A, title IV, § 4008(b), Mar. 27, 2020, 134 Stat. 478.)