### Question
How does the law define lifeline account?


### Answer
Under *12 U.S.C. § 1834*, **lifeline account** is defined as:

> any transaction account (as defined in section 461(b)(1)(C) of this title) which meets the minimum requirements established by the Corporation under this subsection

#### Citation:
  - *12 U.S.C. § 1834*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

