# § 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.
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**Source Credit**: (June 26, 1934, ch. 750, title III, formerly subch. III, § 303, as added and amended Pub. L. 95–630, title V, § 502(b), title XVIII, § 1802, Nov. 10, 1978, 92 Stat. 3681, 3720; Pub. L. 96–221, title III, § 309(a)(4), (b)(1), Mar. 31, 1980, 94 Stat. 149; Pub. L. 98–369, div. B, title VIII, § 2813(a)(1), July 18, 1984, 98 Stat. 1206.)
## Editorial Notes
### Codification
redesignated subch. III as title III of , cited as a credit to this section.
### Amendments
1984— inserted “, an instrumentality of the United States,”.
1980—, substituted “Board” for “Administrator” in two places, such change having been made previously by .
1978—, substituted “Board” for “Administrator” in two places.
## Statutory Notes and Related Subsidiaries
### Effective Date of 1984 Amendment
Amendment by effective , see , set out as an Effective Date note under .
### Effective Date of 1978 Amendment
Amendment effective on expiration of 120 days after , and transitional provisions, see , set out as a note under .
### Effective Date
Section effective , see , set out as a note under .