Title 12 — Banks and Banking
Chapter 44 — Truth in Savings
§ 4307. Periodic statements
Statutory text
Each depository institution shall include on or with each periodic statement provided to each account holder at such institution a clear and conspicuous disclosure of the following information with respect to such account:
The annual percentage yield earned.
The amount of interest earned.
The amount of any fees or charges imposed.
The number of days in the reporting period.
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.
Truth in Savings Act
Pub. L. 102–242 title II § 268 · 105 Stat. 2236
Enacted · 12 U.S.C. § 4307
(Pub. L. 102–242, title II, § 268, Dec. 19, 1991, 105 Stat. 2338.)
Source evidence
Code source credit
(Pub. L. 102–242, title II, § 268, Dec. 19, 1991, 105 Stat. 2338.)Enacted provision · exact public law section
SEC. 268. PERIODIC STATEMENTS. Each depository institution shall include on or with each periodic statement provided to each account holder at such institution a clear and conspicuous disclosure of the following information with respect to such account: (1) The annual percentage yield earned. (2) The amount of interest earned. (3) The amount of any fees or charges imposed. (4) The number of days in the reporting period.
1 of 1 references resolved to an enrolled provision