12 U.S.C. § 247b — Appearances before Congress

submitted 113 years ago by Pub. L. 111-203 to r/title-12-BANKS-AND-BANKING · 66 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Vice Chairman for Supervision must appear before the Senate Banking Committee and the House Financial Services Committee at semi-annual hearings. There, the Vice Chairman reports on the Board's supervision and regulation of depository institution holding companies and other financial firms it oversees.

The Vice Chairman for Supervision must appear before the Senate Committee on Banking, Housing, and Urban Affairs and the House Committee on Financial Services. These appearances happen at hearings held twice a year. At these hearings, the Vice Chairman must speak about the Board's efforts, activities, objectives, and plans for supervising and regulating depository institution holding companies and other financial firms that the Board supervises.

the actual law source: uscode.house.gov ↗public domain

The Vice Chairman for Supervision shall appear before the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives and at semi-annual hearings regarding the efforts, activities, objectives, and plans of the Board with respect to the conduct of supervision and regulation of depository institution holding companies and other financial firms supervised by the Board.

Source credit: (Dec. 23, 1913, ch. 6, § 10(12), as added Pub. L. 111–203, title XI, § 1108(b), July 21, 2010, 124 Stat. 2126.)

history & why it existsrecord from the source credit

1913Enacted · Pub. L. 111-203 · 124 Stat. 2126

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-203 on 1913-12-23.

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