Title 12 — Banks and Banking
Chapter 19 — Security Measures for Banks and Savings Associations
§ 1884. Penalties for violations
Statutory text
A bank or savings association which violates a rule promulgated pursuant to this chapter shall be subject to a civil penalty which shall not exceed $100 for each day of the violation.
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 § 5 · 82 Stat. 294
Enacted · 12 U.S.C. § 1884
Pub. L. 90–389, § 5, July 7, 1968, 82 Stat. 295
Source evidence
Code source credit
Pub. L. 90–389, § 5, July 7, 1968, 82 Stat. 295Enacted provision · exact public law section
Sec. 5. A bank or savings and loan association which violates a Penalty. rule promulgated pursuant to this Act shall be subject to a civil penalty which shall not exceed $100 for each day of the violation.Enhancing Financial Institution Safety and Soundness Act of 2010
Pub. L. 111–203 title III § 356(3) · 124 Stat. 1376
Struck · 12 U.S.C. § 1884
Pub. L. 111–203 struck out “and loan” after “savings”
Source evidence
Code amendment note
Pub. L. 111–203 struck out “and loan” after “savings”.Enacted provision · exact public law section
(3) in section 5 (12 U.S.C. 1884), by striking “and loan”.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.
2 of 2 references resolved to an enrolled provision
Editorial Notes
Amendments
2010—Pub. L. 111–203 struck out “and loan” after “savings”.
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.
Credits
1968–2010 · 2 acts
Show as published
(Pub. L. 90–389, § 5, , 82 Stat. 295; Pub. L. 111–203, title III, § 356(3), , 124 Stat. 1547.)