FDIC

Overview:

Banks and bank accounts are regulated by both state and federal statutes.

menu of sources

Federal Material

Federal Statutes

• Laws regulating Federal Savings and Loan Associations - 12 U.S.C. §§ 1461 - 1470
• The Expedited Funds Availability Act - 12 U.S.C. §§ 4001 - 4010
• Garn-St. Germain Depository Institutions Act - 12 U.S.C. § 371a
• Federal Deposit insurance Corporation - 12 U.S.C. §§ 1811 - 1832
• Other Portions of the U.S. Code:
  • 12 U.S.C.- Banks and Banking
    • Chapter 2 - National Banks
    • Chapter 3 - Federal Reserve System
    • Chapter 5 - Crimes and Offenses
    • Chapter 16 - FDIC
  • 18 U.S.C. §§ 212 - 215 - Criminal Offenses
  • 28 U.S.C. § 1348 - Banking Associations as Parties to Civil Litigation

Federal Agency Regulations

• Title 12 of the Code of Federal Regulationscontains federal agency regulations that concern banks and banking.
  • Chapter I of that title contains regulations promulgated by the Comptroller of the Currency, Department of the Treasury.
  • Chapter II, regulations governing the Federal Reserve System.
  • Chapter III, the regulations of the Federal Deposit Insurance Corporation.
  • Chapter V, the regulations of the Office of Thrift Supervision of the Department of the Treasury.
  • Other chapters contain contains the regulations of the Export-Import Bank, Farm Credit Administration, Natural Credit Union Administration, Federal Financing Bank, Federal Finance Institutions Examination Council, Farm Credit System Insurance Corporation, Thrift Depositor Protection Oversight Board, and the Resolution Trust Corporation.

Federal Judicial Decisions

• Supreme Court:
  • Recent Decisions on Banking
  • liibulletin Oral Argument Previews

State Material

State Statutes

• Article 3 of the Uniform Commercial Code
• Article 4 of the Uniform Commercial Code
• Article 4A of the Uniform Commercial Code
• Article 5 of the Uniform Commercial Code
• Article 8 of the Uniform Commercial Code
• Uniform Commercial Code as Adopted in Various States
• State Statutes Dealing with Financial Institutions

State Judicial Decisions

• Appellate Decisions from Other States

Other References

Key Internet Sources

• Federal Agencies:
  • Federal Deposit Insurance Corporation
  • U.S. Treasury Department
  • Federal Reserve Board
  • Federal Reserve Banks:
    • Atlanta
    • Boston
    • Chicago
    • Cleveland
    • Dallas
    • Kansas City
    • Minneapolis
    • New York
    • Philadelphia
    • Richmond
    • San Francisco
    • St. Louis
• ABA Section of Business Law, Committee on Banking Law
• American Bankers Association
• Conference of State Bank Supervisors
• Senate Committee on Banking, Housing, and Urban Affairs
• House Committee on Banking and Financial Services

Useful Offnet (or Subscription- $) Sources

• Good Starting Point in Print: Ann Graham et al., Banking Law, Matthew Bender Inc. and Company, New York, NY (1981, with updates)

other topics

• Category: Commercial Transactions
• Category: Business Sectors

• deregulation
• FDIC
• banks
• checks
• money market