§ 4304. Disclosure requirements for certain accounts

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.

1. 1991

   Truth in Savings Act

   Pub. L. 102–242 title II § 265 · 105 Stat. 2236

   Enacted · 12 U.S.C. § 4304

   Pub. L. 102–242, title II, § 265, Dec. 19, 1991, 105 Stat. 2336

   Source evidence

   Code source credit
   Pub. L. 102–242, title II, § 265, Dec. 19, 1991, 105 Stat. 2336

   Enacted provision · exact public law section
   SEC. 265. DISCLOSURE REQUIREMENTS FOR CERTAIN ACCOUNTS. The Board shall require, in regulations which the Board shall prescribe, such modification in the disclosure requirements under this Act relating to annual percentage yield as may be necessary to carry out the purposes of this Act in the case of— (1) accounts with respect to which determination of annual percentage yield is based on an annual rate of interest that is guaranteed for a period of less than 1 year; (2) variable rate accounts; (3) accounts which, pursuant to law, do not guarantee payment of a stated rate; (4) multiple rate accounts; and (5) accounts with respect to which determination of annual percentage yield is based on an annual rate of interest that is guaranteed for a stated term.

2. 1992

   Housing and Community Development Act of 1992

   Pub. L. 102–550 title XVI § 1604(e)(2)(A) · 106 Stat. 3672

   Changed · 12 U.S.C. § 4304

   Pub. L. 102–550 made technical amendment to references to “this chapter” wherever appearing to reflect correction of corresponding provision of original act

   Source evidence

   Code amendment note
   Pub. L. 102–550 made technical amendment to references to “this chapter” wherever appearing to reflect correction of corresponding provision of original act.

   Enacted provision · exact public law section
   (A) each place such term appears in section 265;

3. 2010

   Consumer Financial Protection Act of 2010

   Pub. L. 111–203 title X § 1100B(1) · 124 Stat. 1376

   Substituted · 12 U.S.C. § 4304

   Pub. L. 111–203 substituted “Bureau” for “Board” in two places in introductory provisions

   Source evidence

   Code amendment note
   Pub. L. 111–203 substituted “Bureau” for “Board” in two places in introductory provisions.

   Enacted provision · exact public law section
   (1) by 12 USC 4302 et seq. striking “Board” each place that term appears, other than in section 272(b) (12 U.S.C. 4311), and inserting “Bureau”;

   Effective date note
   Amendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.

3 of 3 references resolved to an enrolled provision