Title 12Banks and BankingRelease 119-73

§1770 Allotment of space in Federal buildings or Federal land

Title 12 › Chapter CHAPTER 14— - FEDERAL CREDIT UNIONS › Subchapter SUBCHAPTER I— - GENERAL PROVISIONS › § 1770

Last updated Apr 6, 2026|Official source

Summary

Federal agencies that manage space can let a state or federal credit union use land or rooms in federal buildings or on federal land for free. The credit union must apply to the agency that handles space in the area where the credit union operates. The agency may allow the use if space is available and at least 95% of the credit union’s members to be served are current or former Federal employees (when admitted) or their family members. “Services” means things like lighting, heating, cooling, electricity, office furniture and machines, phone service (including installation), and security systems (including installation costs). If the parties agree to pay costs, nothing in title 31 or other law prevents reimbursing the Treasury’s proper account.

Full Legal Text

Title 12, §1770

Banks and Banking — Source: USLM XML via OLRC

Notwithstanding any other provision of law, upon application by any credit union organized under State law or by any Federal credit union organized in accordance with the terms of this chapter, which application shall be addressed to the officer or agency of the United States charged with the allotment of space on lands reserved for the use of, and under the exclusive or concurrent jurisdiction of, the United States or in the Federal buildings in the community or district in which such credit union does business, such officer or agency may in his or its discretion lease land or allot space to such credit union without charge for rent or services if at least 95 percent of the membership of the credit union to be served by the allotment of space or the facility built on the lease land is composed of persons who either are presently Federal employees or were Federal employees at the time of admission into the credit union, and members of their families, and if space is available. For the purpose of this section, the term “services” includes, but is not limited to, the providing of lighting, heating, cooling, electricity, office furniture, office machines and equipment, telephone service (including installation of lines and equipment and other expenses associated with telephone service), and security systems (including installation and other expenses associated with security systems). Where there is an agreement for the payment of costs associated with the provision of space or services, nothing in title 31 or any other provision of law, shall be construed to prohibit or restrict payment by reimbursement to the miscellaneous receipts or other appropriate account of the Treasury.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

A prior section 1770, act
June 26, 1934, ch. 750, § 20, 48 Stat. 1222, related to separability of provisions and right to alter, amend, or repeal chapter, prior to the amendment of act
June 26, 1934, by Pub. L. 86–354. See section 1769 of this title. Provisions similar to those comprising this section were contained in section 21 of act
June 26, 1934, ch. 750, as added
July 9, 1937, ch. 471, 50 Stat. 487 (formerly classified to section 1771 of this title), prior to the amendment and renumbering of act
June 26, 1934, by Pub. L. 86–354.

Amendments

2006—Pub. L. 109–351, in section catchline, inserted “or Federal land” after “buildings” and, in text, substituted “Notwithstanding any other provision of law, upon application by any credit union” for “Upon application by any credit union” and inserted “on lands reserved for the use of, and under the exclusive or concurrent jurisdiction of, the United States or” after “officer or agency of the United States charged with the allotment of space”, “lease land or” after “such officer or agency may in his or its discretion”, and “or the facility built on the lease land” after “credit union to be served by the allotment of space”. 1994—Pub. L. 103–337 made technical correction to Pub. L. 103–160, § 2854(1). See 1993 Amendment note below. 1993—Pub. L. 103–160, § 2854(2), substituted “allot space to such credit union without charge for rent or services if at least 95 percent of the membership of the credit union to be served by the allotment of space is composed of persons who either are presently Federal employees or were Federal employees at the time of admission into the credit union, and members of their families, and if space is available.” for “allot space to such credit union if space is available without charge for rent or services.” Pub. L. 103–160, § 2854(1), as amended by Pub. L. 103–337, struck out “at least 95 per centum of the membership of which is composed of persons who either are presently Federal employees or were Federal employees at the time of admission into the credit union, and members of their families,” after “terms of this chapter”. 1983—Pub. L. 97–457 inserted “of” after “including installation”. 1982—Pub. L. 97–320 inserted definition of “services”, and provided that where there is an agreement for the payment of costs associated with the provision of space or services, nothing in title 31 or any other provision of law shall be construed to prohibit or restrict payment by reimbursement to the miscellaneous receipts or other appropriate account of the Treasury.

Statutory Notes and Related Subsidiaries

Effective Date

of 1994 Amendment Pub. L. 103–337, div. A, title X, § 1070(b), Oct. 5, 1994, 108 Stat. 2856, provided that the amendment made by that section is effective as of Nov. 30, 1993, and as if included in the National Defense Authorization Act for Fiscal Year 1994, Pub. L. 103–160, as enacted.

Reference

Citations & Metadata

Citation

12 U.S.C. § 1770

Title 12Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73