15 USC § 9047 - Federal credit union transaction account guarantees
---
identifier: "/us/usc/t15/s9047"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 9047 - Federal credit union transaction account guarantees"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "9047"
section_name: "Federal credit union transaction account guarantees"
chapter_number: 116
chapter_name: "CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT)"
subchapter_number: "III"
subchapter_name: "ECONOMIC STABILIZATION AND ASSISTANCE TO SEVERELY DISTRESSED SECTORS OF THE UNITED STATES ECONOMY"
part_number: "A"
part_name: "Coronavirus Economic Stabilization"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 116–136, div. A, title IV, § 4008(b), Mar. 27, 2020, 134 Stat. 478.)"
---
# § 9047. Federal credit union transaction account guarantees
December 31, 2020
Notwithstanding any other provision of law and in coordination with the Federal Deposit Insurance Corporation, the National Credit Union Administration Board may by a vote of the Board increase to unlimited, or such lower amount as the Board approves, the share insurance coverage provided by the National Credit Union Share Insurance Fund on any noninterest-bearing transaction account in any federally insured credit union without exception, provided that any such increase shall terminate not later than .
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**Source Credit**: (Pub. L. 116–136, div. A, title IV, § 4008(b), Mar. 27, 2020, 134 Stat. 478.)