(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.
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.
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.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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