---
kind: "section"
citation: "12 U.S.C. § 2401"
title: "12"
title_heading: "Banks and Banking"
number: "2401"
heading: "Establishment of Commission"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/2401"
units:
  - "Chapter 25 — National Commission on Electronic Fund Transfers"
---

# §2401. Establishment of Commission


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.


## Source credit

(Pub. L. 93–495, title II, § 201, Oct. 28, 1974, 88 Stat. 1508.)