Title 12 — Banks and Banking
Chapter 14 — Federal Credit Unions
§ 1772b. Apportionment
Statutory text
Notwithstanding any other provision of law, funds received by the Board pursuant to any method provided by this chapter, and interest, dividend, or other income thereon, shall not be subject to apportionment for the purpose of chapter 15 of title 31 or under any other authority.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Financial Institutions Emergency Acquisitions Amendments of 1987
Pub. L. 100–86 title V § 505(e) · 101 Stat. 552
Enacted · 12 U.S.C. § 1772b
(June 26, 1934, ch. 750, title I, § 128, as added Pub. L. 100–86, title V, § 505(e), Aug. 10, 1987, 101 Stat. 633.)
Source evidence
Code source credit
(June 26, 1934, ch. 750, title I, § 128, as added Pub. L. 100–86, title V, § 505(e), Aug. 10, 1987, 101 Stat. 633.)Enacted provision · exact public law section
(e) The National Credit Union Administration.— Title I of the Federal Credit Union Act (12 U.S.C. 1751 et seq.) is amended by adding at the end thereof the following: “SEC. 128. APPORTIONMENT. “Notwithstanding any other provision of law, funds received by the Board pursuant to any method provided by this Act, and in-terest, dividend, or other income thereon, shall not be subject to apportionment for the purpose of chapter 15 of title 31, United 31 USC 1501 et seq. States Code, or under any other authority.”.
1 of 1 references resolved to an enrolled provision
Credits
(June 26, 1934, ch. 750, title I, § 128, as added Pub. L. 100–86, title V, § 505(e), , 101 Stat. 633.)