12 U.S.C. § 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.
Notes of Decisions
Cited in 1
case, 1982–1982 · leading case: Debt Obligations of the Nat'l Credit Union Admin. (OLC 1982).
Debt Obligations of the Nat'l Credit Union Admin. (OLC 1982). “12 U.S.C. § 1795b. Credit unions may become “ members” of the CLF by subscrib ing to, and holding, CLF capital stock.”
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