### Statutory Notes
#### Codification
Section, act June 29, 1948, ch. 711, § 2, 62 Stat. 1091, related to establishment of Bureau of Federal Credit Unions. See [section 1752a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1752a&num=0&edition=prelim).
File SHA-256: 095a126bb3d14821fa51aed67e1d58afbacca7280b0086b6eec4e9ae694e40e8. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. This page displays the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Stable record: federal_law:legal_authorities:record_usc_95fe6c7f6d5d4fc4cb6890a3 Source file: Laws/federal/codes/united-states-code/title-12/section-1752a-omitted--b0e9c90f22.md Pages: Not recorded – Not recorded Passage SHA-256: 211dc101976d34d4cfca99b248c05741a2e9bb5d981635119d76cf300015fc24 Retained source evidence SHA-256: 095a126bb3d14821fa51aed67e1d58afbacca7280b0086b6eec4e9ae694e40e8
Source location: Title 12, Chapter 14, § 1752a; chapter-014-federal-credit-unions.md
Stored source content
### Statutory Notes
#### Codification
Section, act June 29, 1948, ch. 711, § 2, 62 Stat. 1091, related to establishment of Bureau of Federal Credit Unions. See [section 1752a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1752a&num=0&edition=prelim).
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
§ 1752a. National Credit Union Administration
(a) Establishment; management under National
Credit Union Administration Board
There is established in the executive branch of
the Government an independent agency to be
known as the National Credit Union Adminis-
tration. The Administration shall be under the
management of a National Credit Union Admin-
istration Board.
(b) Membership and appointment of Board
(1) In general
The Board shall consist of three members,
who are broadly representative of the public
interest, appointed by the President, by and
with the advice and consent of the Senate. In
appointing the members of the Board, the
President shall designate the Chairman. Not
more than two members of the Board shall be
members of the same political party.
(2) Appointment criteria
(A) Experience in financial services
In considering appointments to the Board
under paragraph (1), the President shall give
consideration to individuals who, by virtue
of their education, training, or experience
relating to a broad range of financial serv-
ices, financial services regulation, or finan-
cial policy, are especially qualified to serve
on the Board.
(B) Limit on appointment of credit union of-
ficers
Not more than one member of the Board
may be appointed to the Board from among
individuals who, at the time of the appoint-
ment, are, or have recently been, involved
with any insured credit union as a com-
mittee member, director, officer, employee,
or other institution-affiliated party.
(c) Term of office
The term of office of each member of the
Board shall be six years, except that the terms
of the two members, other than the Chairman,
initially appointed shall expire one upon the ex-
piration of two years after the date of appoint-
ment, and th