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Code · CFR · Title 12 — Banks and Banking · Part 161 — Definitions for Regulations Affecting All Savings Associations · § 161.53

§ 161.53. United States Treasury General Account.

59 words·~1 min read·/us/cfr/t12/s§ 161.53·

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The term United States Treasury General Account means an account maintained in the name of the United States Treasury the balance of which is subject to the right of immediate withdrawal, except in the case of the closure of the member, and in which a zero balance may be maintained. Such accounts are not savings accounts or savings deposits.
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