(a) In generalThe Board may exercise the authority granted to it by the Community Development Credit Union Revolving Loan Fund Transfer Act, including any additional appropriation made or earnings accrued, subject only to this section and to regulations prescribed by the Board.
(b) InvestmentThe Board may invest any idle Fund moneys in United States Treasury securities. Any interest accrued on such securities shall become a part of the Fund.
(c) LoansThe Board may require that any loans made from the Fund be matched by increased shares in the borrower credit union.
(d) InterestInterest earned by the Fund may be allocated by the Board for technical assistance to community development credit unions, subject to an appropriations Act.
(e) “Fund” definedAs used in this section, the term “Fund” means the Community Development Credit Union Revolving Loan Fund.
Structure US Code
CHAPTER 14— FEDERAL CREDIT UNIONS
SUBCHAPTER I— GENERAL PROVISIONS
§ 1752a. National Credit Union Administration
§ 1753. Federal credit union organization
§ 1754. Approval of organization certificate
§ 1756. Reports and examinations
§ 1757a. Limitation on member business loans
§ 1761a. Officers of the board
§ 1761d. Supervisory committee; powers and duties; suspension of members; passbook
§ 1764. Expulsion and withdrawal
§ 1767. Fiscal agents and depositories; authorization to secure deposits by governmental bodies
§ 1769. Separability; right to alter, amend, or repeal chapter
§ 1770. Allotment of space in Federal buildings or Federal land
§ 1771. Conversion from Federal to State credit union and from State to Federal credit union
§ 1772. Territorial application of chapter
§ 1772a. Gifts; acceptance of conditional gifts; deposit
§ 1772c–1. Community development revolving loan fund for credit unions
§ 1772f. Open data publication
§ 1773. District of Columbia credit unions; conversion to Federal status
§ 1774. Approval of certificate; assets and obligations of applicant credit union