[Code of Federal Regulations]

[Title 12, Volume 6]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 12CFR745.5]



[Page 613]

 

                       TITLE 12--BANKS AND BANKING

 

            CHAPTER VII--NATIONAL CREDIT UNION ADMINISTRATION

 

PART 745_SHARE INSURANCE AND APPENDIX--Table of Contents

 

  Subpart A_Clarification and Definition of Account Insurance Coverage

 

Sec. 745.5  Accounts held by executors or administrators.



    Funds of a decedent held in the name of the decedent or in the name 

of the executor or administrator of the decedent's estate and deposited 

in one or more accounts shall be insured up to $100,000 in the aggregate 

for all such accounts, separately from the individual accounts of the 

beneficiaries of the estate or of the executor or administrator.