Title 12 — Banks and Banking
Chapter 21 — Financial Recordkeeping
§ 1952. Reports on ownership and control
Statutory text
Where the Secretary determines that the making of appropriate reports by uninsured banks or uninsured institutions of any type with respect to their ownership, control, and managements and any changes therein has a high degree of usefulness in criminal, tax, or regulatory investigations or proceedings, he may by regulation require such banks or institutions to make such reports as he determines in respect of such ownership, control, and managements and changes therein.
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.
Pub. L. 91–508 title I § 122 · 84 Stat. 1114
Enacted · 12 U.S.C. § 1952
(Pub. L. 91–508, title I, § 122, Oct. 26, 1970, 84 Stat. 1116.)
Source evidence
Code source credit
(Pub. L. 91–508, title I, § 122, Oct. 26, 1970, 84 Stat. 1116.)Enacted provision · exact public law section
§ 122. Authority of Secretary with respect to reports on ownership and control Where the Secretary determines that the making of appropriate reports by uninsured banks or uninsured institutions of any type with respect to their ownership, control, and managements and any changes therein has a high degree of usefulness in criminal, tax, or regulatory investigations or proceedings, he may by regulation require such banks or institutions to make such reports as he determines in respect of such ownership, control, and managements and changes therein.
1 of 1 references resolved to an enrolled provision
Statutory Notes and Related Subsidiaries
Effective Date
Section effective on first day of seventh calendar month which begins after , except that the Secretary of the Treasury may, by regulation, provide that this section be effective on any date not earlier than the publication of such regulations in the Federal Register and not later than first day of thirteenth calendar month which begins after , see section 401(a), (b) of Pub. L. 91–508, set out as a note under section 1951 of this title.