[USC02] 12 USC 4809: "Plain language" requirement for Federal banking agency rules
Result 1 of 1
   
 

TEXT OF PART V OF SUBTITLE A (3001 ET SEQ.), EFFECTIVE JANUARY 1, 2022, CURRENTLY SET OUT AS A PREVIEW

12 USC 4809: "Plain language" requirement for Federal banking agency rules Text contains those laws in effect on December 7, 2021
From Title 12-BANKS AND BANKINGCHAPTER 48-FINANCIAL INSTITUTIONS REGULATORY IMPROVEMENT

§4809. "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 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 1813 of this title.

( Pub. L. 106–102, title VII, §722, Nov. 12, 1999, 113 Stat. 1471 .)


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.