12 U.S.C. § 3415 — Cost reimbursement
submitted 48 years ago by Pub. L. 95-630 to r/title-12-BANKS-AND-BANKING · 107 words · no verdicts yet
Except for records obtained under section 3403(d) or 3413(a) through (h) of this title, or as otherwise provided by law, a Government authority must pay to the financial institution assembling or providing financial records pertaining to a customer and. The Board of Governors of the Federal Reserve System must, by regulation, establish the rates and conditions under which such payment can be made.
Except for records obtained under section 3403(d) or 3413(a) through (h) of this title, or as otherwise provided by law, a Government authority must pay to the financial institution assembling or providing financial records pertaining to a customer and under procedures established by this chapter a fee for reimbursement for such costs as are reasonably necessary and which have been directly incurred in searching for, reproducing, or transporting books, papers, records, or other data required or requested to be produced. The Board of Governors of the Federal Reserve System must, by regulation, establish the rates and conditions under which such payment can be made.
Except for records obtained pursuant to section 3403(d) or 3413(a) through (h) of this title, or as otherwise provided by law, a Government authority shall pay to the financial institution assembling or providing financial records pertaining to a customer and in accordance with procedures established by this chapter a fee for reimbursement for such costs as are reasonably necessary and which have been directly incurred in searching for, reproducing, or transporting books, papers, records, or other data required or requested to be produced. The Board of Governors of the Federal Reserve System shall, by regulation, establish the rates and conditions under which such payment may be made.
Source credit: (Pub. L. 95–630, title XI, § 1115(a), Nov. 10, 1978, 92 Stat. 3708.)
- 1978Enacted · Pub. L. 95-630 · 92 Stat. 3708
A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-630 on 1978-11-10.
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