[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC4005]
TITLE 12--BANKS AND BANKING
CHAPTER 41--EXPEDITED FUNDS AVAILABILITY
Sec. 4005. Payment of interest
(a) In general
Except as provided in subsection (b) or (c) of this section and
notwithstanding any other provision of law, interest shall accrue on
funds deposited in an interest-bearing account at a depository
institution beginning not later than the business day on which the
depository institution receives provisional credit for such funds.
(b) Special rule for credit unions
Subsection (a) of this section shall not apply to an account at a
depository institution described in section 461(b)(1)(A)(iv) of this
title if the depository institution--
(1) begins the accrual of interest or dividends at a later date
than the date described in subsection (a) of this section with
respect to all funds, includi
