Title 12 — Banks and Banking
Chapter 48 — Financial Institutions Regulatory Improvement
§ 4809. “Plain language” requirement for Federal banking agency rules
Statutory text
In general
Each Federal banking agency shall use plain language in all proposed and final rulemakings published by the agency in the Federal Register after .
Report
Not later than , each Federal banking agency shall submit to the Congress a report that describes how the agency has complied with subsection (a).
Definition
For purposes of this section, the term “Federal banking agency” has the meaning given that term in section 1813 of this title.
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. 106–102 title VII § 722 · 113 Stat. 1338
Enacted · 12 U.S.C. § 4809
(Pub. L. 106–102, title VII, § 722, Nov. 12, 1999, 113 Stat. 1471.)
Source evidence
Code source credit
(Pub. L. 106–102, title VII, § 722, Nov. 12, 1999, 113 Stat. 1471.)Enacted provision · exact public law section
SEC. 722. “PLAIN LANGUAGE” REQUIREMENT FOR FEDERAL BANKING AGENCY RULES. (a) In General.— Each Federal banking agency shall use plain language in all proposed and final rulemakings published by the agency in the Federal Register after January 1, 2000. (b) Report.— Not later than March 1, 2001, each Federal Deadline. banking agency shall submit to the Congress a report that describes how the agency has complied with subsection (a). (c) Definition.— For purposes of this section, the term “Federal banking agency” has the meaning given that term in section 3 of the Federal Deposit Insurance Act.
1 of 1 references resolved to an enrolled provision
Editorial Notes
Codification
Section was enacted as part of the Gramm-Leach-Bliley Act, and not as part of title III of Pub. L. 103–322 which comprises this chapter.