12 CFR 161.54

§ 161.54 United States Treasury Time Deposit Open Account.

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

Cite this

Citation: 12 CFR 161.54, § 161.54 United States Treasury Time Deposit Open Account, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43862
Permanent ID: ys:prov:43862@1
SHA-256: d193023f39e7f1f9a1767ec16975ead2a79c4d17e8aec153d9fcdd8e29d1b2bd

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Full text

The term United States Treasury Time Deposit Open Account means a non-interest-bearing account maintained in the name of the United States Treasury which may not be withdrawn prior to the expiration of 30 days' written notice from the United States Treasury, or such other period of notice as the Treasury may require. 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.