• Share
  • Print
    • Text Size
    • Smaller
    • Larger
cover
On This Page
June 2010, No. 275
Last Updated: 05/06/2010

Two Cheers for the Monetary Control Act

Katy Jacob, Daniel Littman, Richard Porter, Wade Rousse

This article explains how the Monetary Control Act (MCA) of 1980 paved the way for the transition away from paper to electronic check clearing and processing, ultimately leading to the successful implementation of the Check Clearing for the 21st Century Act (Check 21) in 2003.