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12 U.S.C. § 2401

Establishment of Commission

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 2401, Establishment of Commission, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438380
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Full text

There is established the National Commission on Electronic Fund Transfers (hereinafter referred to as the “Commission”) which shall be an independent instrumentality of the United States.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 93-495(H.R. 11221)1974-10-28
    An Act to increase deposit insurance from $20,000 to $40,000, to provide full insurance for public unit deposits of $100,000 per account, to establish a National Commission on Electronic Fund Transfers, and for other purposes.
    House: no recorded tallySenate: no recorded tally