Title 12, Banks and BankingRelease 119-102
§1772b Apportionment
Title 12 › CHAPTER 14 — FEDERAL CREDIT UNIONS › SUBCHAPTER I — GENERAL PROVISIONS › § 1772b
Summary
Board funds and any income under this chapter can't be divided under 31 U.S.C. chapter 15 or other authority.
Full Legal Text
Title 12, §1772b
Banks and Banking, Source: USLM XML via OLRC
Notwithstanding any other provision of law, funds received by the Board pursuant to any method provided by this chapter, and interest, dividend, or other income thereon, shall not be subject to apportionment for the purpose of chapter 15 of title 31 or under any other authority.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1772b
Title 12, Banks and Banking
Last Updated
Aug 21, 2026
Release point: 119-102