1994 US Code
Title 12 - BANKS AND BANKING
CHAPTER 19 - SECURITY MEASURES FOR BANKS AND SAVINGS ASSOCIATIONS
Sec. 1882 - Security measures
View Metadata| Publication Title | United States Code, 1994 Edition, Title 12 - BANKS AND BANKING |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 12 - BANKS AND BANKING CHAPTER 19 - SECURITY MEASURES FOR BANKS AND SAVINGS ASSOCIATIONS Sec. 1882 - Security measures |
| Contains | section 1882 |
| Date | 1994 |
| Laws in Effect as of Date | January 4, 1995 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 90-389, §3, July 7, 1968, 82 Stat. 295; Pub. L. 101-73, title IX, §911(a), Aug. 9, 1989, 103 Stat. 478. |
| Statutes at Large References | 82 Stat. 295 103 Stat. 478 |
| Public Law References | Public Law 90-389, Public Law 101-73 |
§1882. Security measures (a) Rules for installation, maintenance, and operation of security devices and procedures
Within six months from July 7, 1968, each Federal supervisory agency shall promulgate rules establishing minimum standards with which each bank or savings and loan association must comply with respect to the installation, maintenance, and operation of security devices and procedures, reasonable in cost, to discourage robberies, burglaries, and larcenies and to assist in the identification and apprehension of persons who commit such acts.
(b) Time for compliance with standardsThe rules shall establish the time limits within which banks and savings and loan associations shall comply with the standards.
(Pub. L. 90–389, §3, July 7, 1968, 82 Stat. 295; Pub. L. 101–73, title IX, §911(a), Aug. 9, 1989, 103 Stat. 478.)
Amendments1989—Subsec. (b). Pub. L. 101–73 struck out “and shall require the submission of periodic reports with respect to the installation, maintenance, and operation of security devices and procedures” before period at end.
Effective Date of 1989 AmendmentAmendment by Pub. L. 101–73 applicable with respect to reports filed or required to be filed after Aug. 9, 1989, see section 911(i) of Pub. L. 101–73, set out as a note under section 161 of this title.
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