# 12 CFR § 745.5: Accounts held by executors or administrators

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-745.5

## Section

- **Citation:** 12 CFR § 745.5
- **Heading:** Accounts held by executors or administrators
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** 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

## Text

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]

## Nearby sections

- [12 CFR § 745.0 § 745.0 Scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.0.md)
- [12 CFR § 745.1 § 745.1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.1.md)
- [12 CFR § 745.2 § 745.2 General principles applicable in determining insurance of accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.2.md)
- [12 CFR § 745.3 § 745.3 Single ownership accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.3.md)
- [12 CFR § 745.4 § 745.4 Revocable trust accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.4.md)
- [12 CFR § 745.5 § 745.5 Accounts held by executors or administrators.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.5.md)
- [12 CFR § 745.6 § 745.6 Accounts held by a corporation, partnership, or unincorporated association.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.6.md)
- [12 CFR § 745.7 § 745.7 Shares accepted in a foreign currency.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.7.md)
- [12 CFR § 745.8 § 745.8 Joint ownership accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.8.md)
- [12 CFR § 745.9-1 § 745.9-1 Trust accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.9-1.md)
- [12 CFR § 745.9-2 § 745.9-2 Retirement and other employee benefit plan accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.9-2.md)
- [12 CFR § 745.10 § 745.10 Accounts held by government depositors.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.10.md)
- [12 CFR § 745.11 § 745.11 Accounts evidenced by negotiable instruments.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.11.md)
- [12 CFR § 745.12 § 745.12 Account obligations for payment of items forwarded for collection by depository institution acting as agent.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.12.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-745.5. Check the current official text before relying on it. Not legal advice.