Title 12 — Banks and Banking
Chapter 19 — Security Measures for Banks and Savings Associations
§ 1882. Security measures
Statutory text
Rules for installation, maintenance, and operation of security devices and procedures
Within six months from , 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.
Time for compliance with standards
The rules shall establish the time limits within which banks and savings associations shall comply with the standards.
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 § 3 · 82 Stat. 294
Enacted · 12 U.S.C. § 1882
Pub. L. 90–389, § 3, July 7, 1968, 82 Stat. 295
Source evidence
Code source credit
Pub. L. 90–389, § 3, July 7, 1968, 82 Stat. 295Enacted provision · exact public law section
Sec. 3. (a) Within six months from the date of this Act, each Security measures. Federal supervisory agency shall promulgate rules establishing minimum standards with which each bank or savings and loan 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) The rules shall establish the time limits within which banks and savings and loan associations shall comply with the standards and shall require the submission of periodic reports with respect to the installation, maintenance, and operation of security devices and procedures.Financial Institutions Reform, Recovery, and Enforcement Act of 1989
Pub. L. 101–73 title IX § 911(a) · 103 Stat. 183
Struck · 12 U.S.C. § 1882(b)
Pub. L. 101–73 struck 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
Source evidence
Code amendment note
Subsec. (b). Pub. L. 101–73 struck 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.Enacted provision · exact public law section
(a) Bank Protection Act.— Section 3(b) of the Bank Protection Act of 1968 (12 U.S.C. 1882) is amended by striking out “and shall require the submission of periodic reports with respect to the installation, maintenance, and operation of security devices and procedures”.Enhancing Financial Institution Safety and Soundness Act of 2010
Pub. L. 111–203 title III § 356(2) · 124 Stat. 1376
Struck · 12 U.S.C. § 1882
Pub. L. 111–203 struck out “and loan” after “savings” in subsecs. (a) and (b)
Source evidence
Code amendment note
Pub. L. 111–203 struck out “and loan” after “savings” in subsecs. (a) and (b).Enacted provision · exact public law section
(2) in section 3 (12 U.S.C. 1882), by striking “and loan” each place that term appears; andEffective 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.
3 of 3 references resolved to an enrolled provision
Editorial Notes
Amendments1989–2010 · 2 rounds
2010
Pub. L. 111–203 struck out “and loan” after “savings” in subsecs. (a) and (b).
1989
Subsec. (b). Pub. L. 101–73 struck 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.
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 1989 Amendment
Amendment by Pub. L. 101–73 applicable with respect to reports filed or required to be filed after , see section 911(i) of Pub. L. 101–73, set out as a note under section 161 of this title.
Credits
1968–2010 · 3 acts
- 1968Pub. L. 90–389, § 3, , 82 Stat. 295
- 1989Pub. L. 101–73, title IX, § 911(a), , 103 Stat. 478
- 2010Pub. L. 111–203, title III, § 356(2), , 124 Stat. 1547.
Show as published
(Pub. L. 90–389, § 3, , 82 Stat. 295; Pub. L. 101–73, title IX, § 911(a), , 103 Stat. 478; Pub. L. 111–203, title III, § 356(2), , 124 Stat. 1547.)