12 CFR 161.53

§ 161.53 United States Treasury General Account.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 161.53, § 161.53 United States Treasury General Account, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43861
Permanent ID: ys:prov:43861@1
SHA-256: 9927448879b0a30bfd84582d6b8094e95303284eecf2fc78d326815c4c39fbae

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Full text

The term United States Treasury General Account means an account maintained in the name of the United States Treasury the balance of which is subject to the right of immediate withdrawal, except in the case of the closure of the member, and in which a zero balance may be maintained. Such accounts are not savings accounts or savings deposits.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.