2016 US Code
Title 12 - Banks and Banking
Chapter 34 - Federal Financial Institutions Examination Council
Sec. 3306 - State liaison

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Citation 12 U.S.C. § 3306 (2016)
Section Name §3306. State liaison
Section Text

To encourage the application of uniform examination principles and standards by State and Federal supervisory agencies, the Council shall establish a liaison committee composed of five representatives of State agencies which supervise financial institutions which shall meet at least twice a year with the Council. Members of the liaison committee shall receive a reasonable allowance for necessary expenses incurred in attending meetings. Members of the Liaison Committee shall elect a chairperson from among the members serving on the committee.

Source Credit

(Pub. L. 95–630, title X, §1007, Nov. 10, 1978, 92 Stat. 3696; Pub. L. 109–351, title VII, §714(b), Oct. 13, 2006, 120 Stat. 1995.)

Editorial Notes AMENDMENTS

2006—Pub. L. 109–351 inserted at end "Members of the Liaison Committee shall elect a chairperson from among the members serving on the committee."

EFFECTIVE DATE

Section effective upon the expiration of 120 days after Nov. 10, 1978, see section 2101 of Pub. L. 95–630, set out as a note under section 375b of this title.

Publication Title United States Code, 2012 Edition, Supplement 4, 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 34 - FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
Sec. 3306 - State liaison
Contains section 3306
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large References 92 Stat. 3696
120 Stat. 1995
Public Law References Public Law 95-630, Public Law 109-351
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