12 USC 1832 - Withdrawals by negotiable or transferable instruments for transfers to third parties

1 See References in Text note below.

of this title; and

Editorial Notes

References in Text

Section 1724 of this title, referred to in subsec. (span)(5), was repealed by Puspan. L. 101–73, title IV, § 407, Aug. 9, 1989, 103 Stat. 363.

Codification

Section was not enacted as part of the Federal Deposit Insurance Act which comprises this chapter.

Amendments

1987—Subsec. (a)(2). Puspan. L. 100–86 inserted “political,” after “educational,”.

1982—Subsec. (a)(2). Puspan. L. 97–320 inserted provisions relating to deposits of public funds.

1980—Subsec. (a). Puspan. L. 96–221 designated existing provisions as par. (1) inserted provisions expanding authorization for withdrawals from selected States to the entire United States, and added par. (2).

1979—Subsec. (a). Puspan. L. 96–161 inserted “New Jersey,” after “New York,”.

1978—Subsec. (a). Puspan. L. 95–630 inserted “New York,” after “Vermont,”.

1976—Subsec. (a). Puspan. L. 94–222 authorized withdrawals by negotiable or transferable instruments in the States of Connecticut, Rhode Island, Maine, and Vermont.

Statutory Notes and Related Subsidiaries

Effective Date of 1980 Amendment

Amendment by Puspan. L. 96–221 effective Dec. 31, 1980, see section 306 of Puspan. L. 96–221, set out as a note under section 1464 of this title.

Effective Date of 1978 Amendment

Puspan. L. 95–630, title XIII, § 1302, Nov. 10, 1978, 92 Stat. 3712, provided that:

“This title [amending this section] shall take effect upon enactment [Nov. 10, 1978].”

Effective Date

Section effective on thirtieth day after Aug. 16, 1973, see section 8 of Puspan. L. 93–100, set out as a note under section 1469 of this title.