12 U.S. Code § 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.
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.
1984—Pub. L. 98–369 inserted “, an instrumentality of the United States,”.
1978—Pub. L. 95–630, § 502(b), substituted “Board” for “Administrator” in two places.
LII has no control over and does not endorse any external Internet site that contains links to or references LII.