12 USC § 3206 - Administration and enforcement

This chapter shall be administered and enforced by—

(1) the Comptroller of the Currency with respect to national banks,

(2) the Board of Governors of the Federal Reserve System with respect to State banks which are members of the Federal Reserve System, and bank holding companies,

(3) the Board of Directors of the Federal Deposit Insurance Corporation with respect to State banks which are not members of the Federal Reserve System but the deposits of which are insured by the Federal Deposit Insurance Corporation,

(4) the Director of the Office of Thrift Supervision with respect to a savings association (the deposits of which are insured by the Federal Deposit Insurance Corporation) and savings and loan holding companies,

(5) the National Credit Union Administration with respect to credit unions the accounts of which are insured by the National Credit Union Administration, and

(6) upon referral by the agencies named in the foregoing paragraphs (1) through (5), the Attorney General shall have the authority to enforce compliance by any person with this chapter.

Source

(Pub. L. 95–630, title II, § 207,Nov. 10, 1978, 92 Stat. 3674; Pub. L. 101–73, title VII, § 744(r),Aug. 9, 1989, 103 Stat. 440; Pub. L. 108–386, § 8(e)(1),Oct. 30, 2004, 118 Stat. 2232; Pub. L. 111–203, title III, § 360(1),July 21, 2010, 124 Stat. 1548.)

Amendment of Section

Pub. L. 111–203, title III, §§ 351, 360 (1),July 21, 2010, 124 Stat. 1546, 1548, provided that, effective on the transfer date, this section is amended: (1) in paragraph (1), by inserting “and Federal savings associations (the deposits of which are insured by the Federal Deposit Insurance Corporation)” before the comma at the end; (2) in paragraph (2), by substituting “, bank holding companies, and savings and loan holding companies” for “, and bank holding companies”; (3) in paragraph (3), by substituting “Corporation and State savings associations (the deposits of which are insured by the Federal Deposit Insurance Corporation),” for “Corporation,”; (4) by striking out paragraph (4); (5) by redesignating paragraphs (5) and (6) as (4) and (5), respectively; and (6) in paragraph (5), by substituting “through (4)” for “through (5)”. See Effective Date of 2010 Amendment note below.

Amendments

2004—Par. (1). Pub. L. 108–386struck out “and banks located in the District of Columbia” after “national banks”.

1989—Par. (4). Pub. L. 101–73amended par. (4) generally. Prior to amendment, par. (4) read as follows: “the Federal Home Loan Bank Board with respect to institutions the accounts of which are insured by the Federal Savings and Loan Insurance Corporation, and savings and loan holding companies,”.

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 2004 Amendment

Amendment by Pub. L. 108–386effective Oct. 30, 2004, and, except as otherwise provided, applicable with respect to fiscal year 2005 and each succeeding fiscal year, see sections 8(i) and 9 ofPub. L. 108–386, set out as notes under section 321 of this title.

The table below lists the classification updates, since Jan. 7, 2011, 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 Friday, May 13, 2011

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

How To Use

Multiple entries for a section are listed most recent first, within the section.

The Session Year indicates which session of Congress was responsible for the changes classified. The Congress number forms the first part of the Public Law number; each Congress has two sessions.

Abbreviations used in the Description of Change column:

An empty field implies a standard amendment.
"new" means a new section or new note, or all new text of an existing section or note.
"nt" means note.
"nt [tbl]" means note [table].
"prec" means preceding.
"fr" means a transfer from another section.
"to" means a transfer to another section.
"omitted" means the section is omitted.
"repealed" means the section is repealed.
"nt ed change" and "ed change" - See the Editorial Classification Change Table [pdf].

The Public Law field is linked to the development of the law in the Thomas system at the Library of Congress.

The Statutes at Large field is linked to the text of the law, in the context of its volume of the Statutes at Large, at the Government Printing Office. Please note that it takes a while for these pages to get posted, so for very recent legislation, you need to look at the "enrolled" version at the Thomas site.

The Statutes at Large references have been rendered in the format used as page numbers in the Public Law web pages to which we link, to facilitate copy-paste into browser "find on this (web) page" tools. We are still working on a more direct link facility.

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Sections with change type "new" are a special case, still under development. All are now listed, at the title level only.

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General Reference

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You can look for information about what it is and is not, which titles are positive law, the schedule of Supplements, etc. Under download you can find the source data we use here (GPO locator files), as well as, PDF files that look just like the paper books (these may be rather large).

Refer to the Thomas site for changes that have not yet made it into the classification tables.

12 USC	Description of Change	Session Year	Public Law	Statutes at Large

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

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.

12 CFR - Title 12—Banks and Banking

12 CFR 212 - MANAGEMENT OFFICIAL INTERLOCKS

12 CFR 26 - MANAGEMENT OFFICIAL INTERLOCKS

12 CFR 563f - MANAGEMENT OFFICIAL INTERLOCKS

12 CFR 711 - MANAGEMENT OFFICIAL INTERLOCKS

12 USC § 3206 - Administration and enforcement

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