# § 5241. Temporary increase in deposit and share insurance coverage
**(a)** **Federal Deposit Insurance Act; temporary increase in deposit insurance**
**(1)** **Increased amount** October 3, 2008December 31, 201312 U.S.C. 1821(a)(1)(E)
Effective only during the period beginning on , and ending on , section 11(a)(1)(E) of the Federal Deposit Insurance Act () shall apply with “$250,000” substituted for “$100,000”.
**(2)** **Borrowing limits temporarily lifted** October 3, 2008December 31, 201312 U.S.C. 1824(a)
During the period beginning on , and ending on , the Board of Directors of the Corporation may request from the Secretary, and the Secretary shall approve, a loan or loans in an amount or amounts necessary to carry out this subsection, without regard to the limitations on such borrowing under section 14(a) and 15(c) of the Federal Deposit Insurance Act (, 1825(c)).
**(b)** **Federal Credit Union Act; temporary increase in share insurance**
**1** **Increased amount** October 3, 2008December 31, 2013[^1]12 U.S.C. 1787(k)(5)
Effective only during the period beginning on , and ending on , section 207(k)(5) of the Federal Credit Union Act () shall apply with “$250,000” substituted for “$100,000”.
See References in Text note below.
**(2)** **Borrowing limits temporarily lifted** October 3, 2008December 31, 201312 U.S.C. 1783(d)(1)
During the period beginning on , and ending on , the National Credit Union Administration Board may request from the Secretary, and the Secretary shall approve, a loan or loans in an amount or amounts necessary to carry out this subsection, without regard to the limitations on such borrowing under section 203(d)(1) of the Federal Credit Union Act ().
**(c)** **Not for use in inflation adjustments** 12 U.S.C. 1821(a)(1)(F)12 U.S.C. 181112 U.S.C. 1751
The temporary increase in the standard maximum deposit insurance amount made under this section shall not be used to make any inflation adjustment under section 11(a)(1)(F) of the Federal Deposit Insurance Act () for purposes of that Act [ et seq.] or the Federal Credit Union Act [ et seq.].
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**Source Credit**: (Pub. L. 110–343, div. A, title I, § 136, Oct. 3, 2008, 122 Stat. 3799; Pub. L. 111–22, div. A, title II, § 204(a), May 20, 2009, 123 Stat. 1648.)
## Editorial Notes
### References in Text
Section 207(k)(5) of the Federal Credit Union Act, referred to in subsec. (b)(1), was redesignated section 207(k)(6) of the Act by , , .
That Act, referred to in subsec. (c), means the Federal Deposit Insurance Act, , , which is classified generally to chapter 16 (§ 1811 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under and Tables.
The Federal Credit Union Act, referred to in subsec. (c), is , , which is classified principally to chapter 14 (§ 1751 et seq.) of this title. For complete classification of this Act to the Code, see and Tables.
### Amendments
2009—Subsec. (a)(1). , substituted “” for “”.
Subsec. (a)(2), (3). –(D), redesignated par. (3) as (2), substituted “” for “”, and struck out former par. (2). Prior to amendment, text read as follows: “The temporary increase in the standard maximum deposit insurance amount made under paragraph (1) shall not be taken into account by the Board of Directors of the Corporation for purposes of setting assessments under section 7(b)(2) of the Federal Deposit Insurance Act ().”
Subsec. (b)(1). , substituted “” for “”.
Subsec. (b)(2), (3). –(D), redesignated par. (3) as (2), substituted “” for “”, and struck out former par. (2). Prior to amendment, text read as follows: “The temporary increase in the standard maximum share insurance amount made under paragraph (1) shall not be taken into account by the National Credit Union Administration Board for purposes of setting insurance premium charges and share insurance deposit adjustments under section 202(c)(2) of the Federal Credit Union Act ().”