12 U.S.C. § 1830 — Nondiscrimination
submitted 76 years ago by ch. 967 to r/title-12-BANKS-AND-BANKING · 61 words · no verdicts yet
This provision says the chapter is not meant to favor national or member banks, or Federal savings associations, over State nonmember banks or State savings associations. It gives all banks and savings associations the same opportunity to receive the chapter’s benefits.
This chapter is not intended to discriminate against State* nonmember banks or State savings associations in favor of national or member banks or Federal savings associations. Instead, it is intended to give all banks and savings associations the same opportunity to obtain and enjoy this chapter’s benefits.
It is not the purpose of this chapter to discriminate in any manner against State* nonmember banks or State savings associations and in favor of national or member banks or Federal savings associations, respectively. It is the purpose of this chapter to provide all banks and savings associations with the same opportunity to obtain and enjoy the benefits of this chapter.
Source credit: (Sept. 21, 1950, ch. 967, § 2[22], formerly § 2[20], 64 Stat. 893; renumbered § 2[21], Pub. L. 90–203, § 3, Dec. 15, 1967, 81 Stat. 610; renumbered § 2[22], Pub. L. 91–508, title I, § 101, Oct. 26, 1970, 84 Stat. 1114; amended Pub. L. 101–73, title II, § 223, Aug. 9, 1989, 103 Stat. 273.)
- 1950Enacted · Act of Sept. 21, 1950, ch. 967 · 64 Stat. 893
- 1967Amended · Pub. L. 90-203 · 81 Stat. 610
- 1970Amended · Pub. L. 91-508 · 84 Stat. 1114
- 1989Amended · Pub. L. 101-73 · 103 Stat. 273
A history note hasn’t been published yet. The record shows enactment by ch. 967 on 1950-09-21.
all 0 arguments · sorted by: best
no arguments yet — make the first case