12 U.S. Code § 1882 - Security measures

(a) Rules for installation, maintenance, and operation of security devices and procedures
Within six months from July 7, 1968, each Federal supervisory agency shall promulgate rules establishing minimum standards with which each bank or savings association must comply with respect to the installation, maintenance, and operation of security devices and procedures, reasonable in cost, to discourage robberies, burglaries, and larcenies and to assist in the identification and apprehension of persons who commit such acts.
(b) Time for compliance with standards
The rules shall establish the time limits within which banks and savings associations shall comply with the standards.

Source

(Pub. L. 90–389, § 3,July 7, 1968, 82 Stat. 295; Pub. L. 101–73, title IX, § 911(a),Aug. 9, 1989, 103 Stat. 478; Pub. L. 111–203, title III, § 356(2),July 21, 2010, 124 Stat. 1547.)
Amendments

2010—Pub. L. 111–203struck out “and loan” after “savings” in subsecs. (a) and (b).
1989—Subsec. (b). Pub. L. 101–73struck out “and shall require the submission of periodic reports with respect to the installation, maintenance, and operation of security devices and procedures” before period at end.
Effective Date of 2010 Amendment

Amendment by Pub. L. 111–203effective on the transfer date, see section 351 ofPub. L. 111–203, set out as a note under section 906 of Title 2, The Congress.
Effective Date of 1989 Amendment

Amendment by Pub. L. 101–73applicable with respect to reports filed or required to be filed after Aug. 9, 1989, see section 911(i) ofPub. L. 101–73, set out as a note under section 161 of this title.

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

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12 CFR - Banks and Banking

12 CFR Part 21 - MINIMUM SECURITY DEVICES AND PROCEDURES, REPORTS OF SUSPICIOUS ACTIVITIES, AND BANK SECRECY ACT COMPLIANCE PROGRAM

12 CFR Part 168 - SECURITY PROCEDURES

12 CFR Part 170 - SAFETY AND SOUNDNESS GUIDELINES AND COMPLIANCE PROCEDURES

12 CFR Part 171 - FAIR CREDIT REPORTING

12 CFR Part 208 - MEMBERSHIP OF STATE BANKING INSTITUTIONS IN THE FEDERAL RESERVE SYSTEM (REGULATION H)

12 CFR Part 326 - MINIMUM SECURITY DEVICES AND PROCEDURES AND BANK SECRECY ACT 1 COMPLIANCE

12 CFR Part 390 - REGULATIONS TRANSFERRED FROM THE OFFICE OF THRIFT SUPERVISION

12 CFR Part 568 - SECURITY PROCEDURES

12 CFR Part 570 - SAFETY AND SOUNDNESS GUIDELINES AND COMPLIANCE PROCEDURES

12 CFR Part 571 - FAIR CREDIT REPORTING

 

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