R337-10-3 - Applicable Federal Law

R337-10-3. Applicable Federal Law

In accordance with Section 7-1-325, the following federal laws are applicable to credit unions subject to the jurisdiction of the department:

(1) Truth in Lending Act, 15 U.S.C. Sec. 1601 et seq., and its implementing federal regulations;

(2) Equal Credit Opportunity Act, 15 U.S.C. Sec. 1691, and its implementing federal regulations;

(3) Truth in Savings Act, 12 U.S.C. Sec. 4301 et seq., and its implementing federal regulations;

(4) Bank Secrecy Act, 12 U.S.C. Sec. 1829b, 12 U.S.C. Sec. 1951 through 1959, and 31 U.S.C. Sec. 5311 through 5332, and its implementing federal regulations;

(5) Federal Credit Union Act ("Prompt Corrective Action"), 12 U.S.C. Sec. 1790d, and its implementing federal regulations;

(6) Federal Credit Union Act, 12 U.S.C. Sec. 1757(5) ("Loans and lines of credit to officials"), and its implementing federal regulations;

(7) Real Estate Settlement Procedures Act, 12 U.S.C. Sec. 2601 et seq., and its implementing federal regulations;

(8) Fair Credit Reporting Act, 15 U.S.C. Sec. 1681 et seq., and its implementing federal regulations;

(9) Expedited Funds Availability Act, 12 U.S.C. Sec. 4001 et seq., and its implementing federal regulations;

(10) Electronic Fund Transfers Act, 15 U.S.C. Sec. 1693 et seq., and its implementing federal regulations;

The following state regulations pages link to this page.