
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC1795b]

 
                       TITLE 12--BANKS AND BANKING
 
                    CHAPTER 14--FEDERAL CREDIT UNIONS
 
               SUBCHAPTER III--CENTRAL LIQUIDITY FACILITY
 
Sec. 1795b. National Credit Union Administration Central 
        Liquidity Facility; establishment; management; jurisdiction
        
    There is created the National Credit Union Administration Central 
Liquidity Facility. The Central Liquidity Facility, an instrumentality 
of the United States, shall exist within the National Credit Union 
Administration and be managed by the Board. The United States district 
court shall have original jurisdiction over any case to which the Board 
on behalf of the Facility is a party, without regard to the amount in 
controversy.

(June 26, 1934, ch. 750, title III, formerly subch. III, Sec. 303, as 
added and amended Pub. L. 95-630, title V, Sec. 502(b), title XVIII, 
Sec. 1802, Nov. 10, 1978, 92 Stat. 3681, 3720; Pub. L. 96-221, title 
III, Sec. 309(a)(4), (b)(1), Mar. 31, 1980, 94 Stat. 149; Pub. L. 98-
369, div. B, title VIII, Sec. 2813(a)(1), July 18, 1984, 98 Stat. 1206.)

                          Codification

    Section 309(b)(1) of Pub. L. 96-221 redesignated subch. III as title 
III of act June 26, 1934, ch. 750, cited as a credit to this section.


                               Amendments

    1984--Pub. L. 98-369 inserted ``, an instrumentality of the United 
States,''.
    1980--Pub. L. 96-221, Sec. 309(a)(4), substituted ``Board'' for 
``Administrator'' in two places, such change having been made previously 
by Pub. L. 95-630.
    1978--Pub. L. 95-630, Sec. 502(b), substituted ``Board'' for 
``Administrator'' in two places.


                    Effective Date of 1984 Amendment

    Amendment by Pub. L. 98-369 effective Oct. 1, 1979, see section 
2813(c) of Pub. L. 98-369, set out as an Effective Date note under 
section 1795k of this title.


                    Effective Date of 1978 Amendment

    Amendment effective on expiration of 120 days after Nov. 10, 1978, 
and transitional provisions, see section 509 of Pub. L. 95-630, set out 
as a note under section 1752 of this title.
