Title 12, Banks and BankingRelease 119-102

§2401 Establishment of Commission

Title 12 › CHAPTER 25 — NATIONAL COMMISSION ON ELECTRONIC FUND TRANSFERS › § 2401

Last updated Aug 21, 2026|Official source

Summary

Creates the National Commission on Electronic Fund Transfers and makes it an independent part of the U.S. government.

Full Legal Text

Title 12, §2401

Banks and Banking, Source: USLM XML via OLRC

There is established the National Commission on Electronic Fund Transfers (hereinafter referred to as the “Commission”) which shall be an independent instrumentality of the United States.

Reference

Citations & Metadata

Citation

12 U.S.C. § 2401

Title 12, Banks and Banking

Last Updated

Aug 21, 2026

Release point: 119-102