12 USC § 2401 - Establishment of Commission

---
identifier: "/us/usc/t12/s2401"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 2401 - Establishment of Commission"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "2401"
section_name: "Establishment of Commission"
chapter_number: 25
chapter_name: "NATIONAL COMMISSION ON ELECTRONIC FUND TRANSFERS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 93–495, title II, § 201, Oct. 28, 1974, 88 Stat. 1508.)"
---


# § 2401. Establishment of Commission

There is established the National Commission on Electronic Fund Transfers (hereinafter referred to as the “Commission”) which shall be an independent instrumentality of the United States.

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**Source Credit**: (Pub. L. 93–495, title II, § 201, Oct. 28, 1974, 88 Stat. 1508.)