Us Code § 1750aa - to 1750jj. Omitted

Full text of Us Code United States Code § 1750aa — to 1750jj. Omitted, with citation guidance and answers to common questions.

§ 1750aa. to 1750jj. Omitted


Editorial Notes

Codification

Section 1750aa, act Aug. 2, 1954, ch. 649, title VI, §601, 68 Stat. 637, contained a declaration of policy for voluntary home mortgage credit.

Section 1750bb, acts Aug. 2, 1954, ch. 649, title VI, §602, 68 Stat. 637; Sept. 2, 1958, Pub. L. 85–857, §13(s)(1), 72 Stat. 1266, defined "Insured or guaranteed mortgage loan", "Private financing institutions", "Administrator", and "State".

Section 1750cc, acts Aug. 2, 1954, ch. 649, title VI, §603, 68 Stat. 637; Aug. 11, 1955, ch. 783, title I, §109(a)(3), 69 Stat. 640, provided for establishment and composition of National Voluntary Mortgage Credit Extension Committee.

Section 1750dd, act Aug. 2, 1954, ch. 649, title VI, §604, 68 Stat. 638, provided for establishment, composition, and organization of regional subcommittees of National Voluntary Mortgage Credit Extension Committee.

Section 1750ee, act Aug. 2, 1954, ch. 649, title VI, §605, 68 Stat. 638, set forth general functions of National Committee and regional subcommittees.

Section 1750ff, act Aug. 2, 1954, ch. 649, title VI, §606, 68 Stat. 638, authorized National Committee to study and review demand and supply of funds for residential mortgage loans, to receive reports from and correlate the activities of regional subcommittees to report periodically to Commissioner of Federal Housing Administration and Administrator of Veterans' Affairs, to maintain liaison with State and local government housing officials, and to submit reports to Congress.

Section 1750gg, acts Aug. 2, 1954, ch. 649, title VI, §607, 68 Stat. 639; Sept. 2, 1958, Pub. L. 85–857, §13(s)(1), 72 Stat. 1266, set forth the functions, powers, and duties of regional subcommittees.

Section 1750hh, act Aug. 2, 1954, ch. 649, title VI, §608, 68 Stat. 640, authorized Administrator, after consultation with National Committee, to issue general rules and procedures for implementation of this subchapter and functioning of regional subcommittees.

Section 1750ii, act Aug. 2, 1954, ch. 649, title VI, §609, 68 Stat. 640, exempted laws promulgated pursuant to this subchapter from prohibitions of antitrust laws or Federal Trade Commission Act of United States, provided for status of members of National Committee or any of regional subcommittees, and provided for an office, staff assistance and expenses of members.

Section 1750jj, acts Aug. 2, 1954, ch. 649, title VI, §610, 68 Stat. 640; June 29, 1957, Pub. L. 85–66, 71 Stat. 209; July 12, 1957, Pub. L. 85–104, title VI, §602, 71 Stat. 304; July 31, 1959, Pub. L. 86–119, 73 Stat. 266; Sept. 23, 1959, Pub. L. 86–372, title VIII, §806, 73 Stat. 687; June 30, 1961, Pub. L. 87–70, title IX, §903, 75 Stat. 191, provided that, unless Congress authorized for an earlier termination, this subchapter and all authority conferred hereunder was to terminate at close of Oct. 1, 1965.

CHAPTER 14—FEDERAL CREDIT UNIONS

Sec.
1751.
Short title.
1751a.
Omitted.

        

SUBCHAPTER I—GENERAL PROVISIONS

1752.
Definitions.
1752a.
National Credit Union Administration.
1753.
Federal credit union organization.
1754.
Approval of organization certificate.
1755.
Fees.
1756.
Reports and examinations.
1756a.
Omitted.
1757.
Powers.
1757a.
Limitation on member business loans.
1758.
Bylaws.
1759.
Membership.
1760.
Members' meetings.
1761.
Management.
1761a.
Officers of the board.
1761b.
Board of directors; meetings; powers and duties; executive committee; membership officers; membership application.
1761c.
Credit committee.
1761d.
Supervisory committee; powers and duties; suspension of members; passbook.
1762.
Repealed.
1763.
Dividends.
1764.
Expulsion and withdrawal.
1765.
Minors.
1766.
Powers of Board.
1767.
Fiscal agents and depositories; authorization to secure deposits by governmental bodies.
1768.
Taxation.
1769.
Separability; right to alter, amend, or repeal chapter.
1770.
Allotment of space in Federal buildings or Federal land.
1771.
Conversion from Federal to State credit union and from State to Federal credit union.
1772.
Territorial application of chapter.
1772a.
Gifts; acceptance of conditional gifts; deposit.
1772b.
Apportionment.
1772c.
Trust fund.
1772c–1.
Community development revolving loan fund for credit unions.
1772d.
Forfeiture of organization certificate for money laundering or cash transaction reporting offenses.
1772e.
Data standards.
1772f.
Open data publication.
1773.
District of Columbia credit unions; conversion to Federal status.
1774.
Approval of certificate; assets and obligations of applicant credit union.
1775.
Conditions upon conversion to Federal status.

        

SUBCHAPTER II—SHARE INSURANCE

1781.
Insurance of member accounts.
1782.
Administration of insurance fund.
1783.
National Credit Union Share Insurance Fund.
1784.
Examination of insured credit unions.
1785.
Requirements governing insured credit unions.
1786.
Termination of insured credit union status; cease and desist orders; removal or suspension from office; procedure.
1786a.
Omitted.
1787.
Payment of insurance.
1788.
Special assistance to avoid liquidation.
1789.
Administrative provisions.
1789a.
Credit unions as depositaries of public money; fiscal agents; duties.
1790.
Nondiscriminatory provision.
1790a.
Board disapproval of directors, committee members, and senior executive officers of insured credit unions.
1790b.
Credit union employee protection remedy.
1790c.
Reward for information leading to recoveries or civil penalties.
1790d.
Prompt corrective action.
1790e.
Temporary Corporate Credit Union Stabilization Fund.

        

SUBCHAPTER III—CENTRAL LIQUIDITY FACILITY

1795.
Congressional findings.
1795a.
Definitions.
1795b.
National Credit Union Administration Central Liquidity Facility; establishment; management; jurisdiction.
1795c.
Membership.
1795d.
Capital stock.
1795e.
Extensions of credit.
1795f.
Powers of Board.
1795g.
Depositories, custodians, and fiscal agents.
1795h.
Audit of financial transactions.
1795i.
Annual report.
1795j.
Agent of Federal Reserve System.
1795k.
State and local tax exemption.

        

About This Section

12 U.S.C. § 1750aa is part of Title 12 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.

This section may be cited in legal writing as 12 U.S.C. § 1750aa. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.

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Sources

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Frequently Asked Questions About Us Code § 1750aa

What does United States Code § 1750aa cover?

Section 1750aa ("to 1750jj. Omitted") is part of the United States Code, the codified statutory law of Us Code. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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Sources & Verification

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