§ 4311. Credit unions

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 § 272 · 105 Stat. 2236

   Enacted · 12 U.S.C. § 4311

   Pub. L. 102–242, title II, § 272, Dec. 19, 1991, 105 Stat. 2342

   Source evidence

   Code source credit
   Pub. L. 102–242, title II, § 272, Dec. 19, 1991, 105 Stat. 2342

   Enacted provision · exact public law section
   SEC. 272. CREDIT UNIONS. (a) In General.— No regulation prescribed by the Board under this Act shall apply directly with respect to any depository institution described in clause (iv) of section 19(b)(1)(A) of the Federal Reserve Act. (b) Regulations Prescribed by the NCUA.— Within 90 days of the effective date of any regulation prescribed by the Board under this Act, the National Credit Union Administration Board shall prescribe a regulation substantially similar to the regulation prescribed by the Board taking into account the unique nature of credit unions and the limitations under which they may pay dividends on member accounts.

2. 1992

   Housing and Community Development Act of 1992

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

   Changed · 12 U.S.C. § 4311

   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
   (P) the 1st place such term appears in section 272(a);

3. 2010

   Consumer Financial Protection Act of 2010

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

   Substituted · 12 U.S.C. § 4311(a)

   Pub. L. 111–203, § 1100B(1), substituted “Bureau” for “Board”

   Source evidence

   Code amendment note
   Subsec. (a). Pub. L. 111–203, § 1100B(1), substituted “Bureau” for “Board”.

   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.

4. 2010

   Consumer Financial Protection Act of 2010

   Pub. L. 111–203 § 1100B(3) · 124 Stat. 1376

   Substituted · 12 U.S.C. § 4311(b)

   Pub. L. 111–203, § 1100B(3), substituted “regulation prescribed by the Bureau” for “regulation prescribed by the Board” in two places

   Source evidence

   Code amendment note
   Subsec. (b). Pub. L. 111–203, § 1100B(3), substituted “regulation prescribed by the Bureau” for “regulation prescribed by the Board” in two places.

   Enacted provision · exact public law section
   (3) in section 272(b) (12 U.S.C. 4311(b)), by striking “regulation prescribed by the Board” each place that term appears and inserting “regulation prescribed by the Bureau”; and

   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.

4 of 4 references resolved to an enrolled provision