Title 12 — Banks and Banking
Chapter 19 — Security Measures for Banks and Savings Associations
§ 1881. “Federal supervisory agency” defined
Statutory text
As used in this chapter the term “Federal supervisory agency” means the appropriate Federal banking agency, as defined in section 1813(q) of this title.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Bank Protection Act of 1968
Pub. L. 90–389 § 2 · 82 Stat. 294
Enacted · 12 U.S.C. § 1881
Pub. L. 90–389, § 2, July 7, 1968, 82 Stat. 294
Source evidence
Code source credit
Pub. L. 90–389, § 2, July 7, 1968, 82 Stat. 294Enacted provision · exact public law section
Sec. 2. As used in this Act the term “Federal supervisory agency” means— (1) The Comptroller of the Currency with respect to national banks and district banks, (2) The Board of Governors of the Federal Reserve System with respect to Federal Reserve banks and State banks which are members of the Federal Reserve System, (3) 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, and (4) The Federal Home Loan Bank Board with respect to Federal savings and loan associations, and institutions the accounts of which are insured by the Federal Savings and Loan Insurance Corporation.Financial Institutions Reform, Recovery, and Enforcement Act of 1989
Pub. L. 101–73 § 744(h)(2) · 103 Stat. 183
Inserted · 12 U.S.C. § 1881(3)
Pub. L. 101–73, § 744(h)(2), inserted reference to State savings associations
Source evidence
Code amendment note
Par. (3). Pub. L. 101–73, § 744(h)(2), inserted reference to State savings associations.Enacted provision · exact public law section
(2) in paragraph (3), by inserting “and State savings associations” before “, and”.Financial Institutions Reform, Recovery, and Enforcement Act of 1989
Pub. L. 101–73 § 744(h)(1) · 103 Stat. 183
Substituted · 12 U.S.C. § 1881(4)
Pub. L. 101–73, § 744(h)(1), substituted “Director of the Office of Thrift Supervision” for “Federal Home Loan Bank Board”
Struck · 12 U.S.C. § 1881(4)
Pub. L. 101–73, § 744(h)(1), struck out “and loan” after “Federal savings”
Struck · 12 U.S.C. § 1881(4)
Pub. L. 101–73, § 744(h)(1), struck out “associations, and institutions the accounts of which are insured by the Federal Savings and Loan Insurance Corporation” before period at end
Source evidence
Code amendment note
Par. (4). Pub. L. 101–73, § 744(h)(1), substituted “Director of the Office of Thrift Supervision” for “Federal Home Loan Bank Board”, struck out “and loan” after “Federal savings”, and struck out “associations, and institutions the accounts of which are insured by the Federal Savings and Loan Insurance Corporation” before period at end.Enacted provision · exact public law section
(1) in paragraph (4), by— (A) striking out “Federal Home Loan Bank Board” and inserting in lieu thereof “Director of the Office of Thrift Supervision”; (B) striking out “and loan”; and (C) striking “associations” and all that follows through “Corporation”; and2004 District of Columbia Omnibus Authorization Act
Pub. L. 108–386 § 8(d) · 118 Stat. 2228
Struck · 12 U.S.C. § 1881(1)
Pub. L. 108–386 struck out “and district banks” after “national banks”
Source evidence
Code amendment note
Par. (1). Pub. L. 108–386 struck out “and district banks” after “national banks”.Enacted provision · exact public law section
(d) Bank Protection Act of 1968.— Section 2(1) of the Bank Protection Act of 1968 (12 U.S.C. 1881(1)) is amended by striking “and district banks”.Enhancing Financial Institution Safety and Soundness Act of 2010
Pub. L. 111–203 title III § 356(1) · 124 Stat. 1376
Substituted · 12 U.S.C. § 1881
Pub. L. 111–203 substituted “the term ‘Federal supervisory agency’ means the appropriate Federal banking agency, as defined in section 1813(q) of this title.” for “the term ‘Federal supervisory agency’ means—
Source evidence
Code amendment note
Pub. L. 111–203 substituted “the term ‘Federal supervisory agency’ means the appropriate Federal banking agency, as defined in section 1813(q) of this title.” for “the term ‘Federal supervisory agency’ means—“(1) The Comptroller of the Currency with respect to national banks, “(2) The Board of Governors of the Federal Reserve System with respect to Federal Reserve banks and State banks which are members of the Federal Reserve System, “(3) 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 and State savings associations, and “(4) The Director of the Office of Thrift Supervision with respect to Federal savings.”
Enacted provision · exact public law section
(1) in section 2 (12 U.S.C. 1881), by striking “the term” and all that follows through the end of the section and inserting “the Definition. term ‘Federal supervisory agency’ means the appropriate Federal banking agency, as defined in section 3(q) of the Federal Deposit Insurance Act (12 U.S.C. 1813(q)).”;Effective date note
Amendment by Pub. L. 111–203 effective on the transfer date, see section 351 of Pub. L. 111–203, set out as a note under section 906 of Title 2, The Congress.
7 of 7 references resolved to an enrolled provision
Editorial Notes
Amendments1989–2010 · 3 rounds
2010
Pub. L. 111–203 substituted “the term ‘Federal supervisory agency’ means the appropriate Federal banking agency, as defined in section 1813(q) of this title.” for “the term ‘Federal supervisory agency’ means—
“(1) The Comptroller of the Currency with respect to national banks,
“(2) The Board of Governors of the Federal Reserve System with respect to Federal Reserve banks and State banks which are members of the Federal Reserve System,
“(3) 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 and State savings associations, and
“(4) The Director of the Office of Thrift Supervision with respect to Federal savings.”
2004
Par. (1). Pub. L. 108–386 struck out “and district banks” after “national banks”.
1989
Par. (3). Pub. L. 101–73, § 744(h)(2), inserted reference to State savings associations.
Par. (4). Pub. L. 101–73, § 744(h)(1), substituted “Director of the Office of Thrift Supervision” for “Federal Home Loan Bank Board”, struck out “and loan” after “Federal savings”, and struck out “associations, and institutions the accounts of which are insured by the Federal Savings and Loan Insurance Corporation” before period at end.
Statutory Notes and Related Subsidiaries
Effective Date of 2010 Amendment
Amendment by Pub. L. 111–203 effective on the transfer date, see section 351 of Pub. 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. 108–386 effective , and, except as otherwise provided, applicable with respect to fiscal year 2005 and each succeeding fiscal year, see sections 8(i) and 9 of Pub. L. 108–386, set out as notes under section 321 of this title.
Short Title
Pub. L. 90–389, § 1, , 82 Stat. 294, provided: “That this Act [enacting this chapter and amending section 1729 of this title] may be cited as the ‘Bank Protection Act of 1968’.”
Credits
1968–2010 · 4 acts
- 1968Pub. L. 90–389, § 2, , 82 Stat. 294
- 1989Pub. L. 101–73, title VII, § 744(h), , 103 Stat. 439
- 2004Pub. L. 108–386, § 8(d), , 118 Stat. 2232
- 2010Pub. L. 111–203, title III, § 356(1), , 124 Stat. 1547.
Show as published
(Pub. L. 90–389, § 2, , 82 Stat. 294; Pub. L. 101–73, title VII, § 744(h), , 103 Stat. 439; Pub. L. 108–386, § 8(d), , 118 Stat. 2232; Pub. L. 111–203, title III, § 356(1), , 124 Stat. 1547.)