2014 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 48 - Financial Institutions Regulatory Improvement (Sections 4801 - 4809)
Sec. 4809 - "Plain language" requirement for Federal banking agency rules
Publication Title | United States Code, 2012 Edition, Supplement 2, 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 48 - FINANCIAL INSTITUTIONS REGULATORY IMPROVEMENT Sec. 4809 - Plain language" requirement for Federal banking agency rules |
Contains | section 4809 |
Date | 2014 |
Laws In Effect As Of Date | January 5, 2015 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 106-102, title VII, §722, Nov. 12, 1999, 113 Stat. 1471. |
Statutes at Large Reference | 113 Stat. 1471 |
Public and Private Law | Public Law 103-322, Public Law 106-102 |
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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) ReportNot later than March 1, 2001, each Federal banking agency shall submit to the Congress a report that describes how the agency has complied with subsection (a) of this section.
(c) DefinitionFor purposes of this section, the term "Federal banking agency" has the meaning given that term in section 1813 of this title.
(Pub. L. 106–102, title VII, §722, Nov. 12, 1999, 113 Stat. 1471.)
CODIFICATIONSection 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.
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