§ 745.5 Accounts held by executors or administrators.
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Title 12—Banks and Banking > CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION > SUBCHAPTER A—REGULATIONS AFFECTING CREDIT UNIONS > PART 745—SHARE INSURANCE AND APPENDIX > Subpart A—Clarification and Definition of Account Insurance Coverage
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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 the SMSIA in the aggregate for all such accounts, separately from the individual accounts of the beneficiaries of the estate or of the executor or administrator.
[51 FR 37560, Oct. 23, 1986, as amended at 71 FR 14635, Mar. 23, 2006]
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