12 U.S.C. § 4804 — Elimination of duplicative filings

submitted 32 years ago by Pub. L. 103-325 to r/title-12-BANKS-AND-BANKING · 45 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section addresses the elimination of duplicative filings by financial institutions. It requires the appropriate Federal banking agencies to coordinate and reduce duplicative filing requirements as specified.

The Federal banking agencies must work jointly— (1) to eliminate, to the extent practicable, duplicative or otherwise unnecessary requests for information related to applications or notices to the agencies; and (2) to harmonize, to the extent practicable, any inconsistent publication and public notice requirements.

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

The Federal banking agencies shall work jointly—

(1)

to eliminate, to the extent practicable, duplicative or otherwise unnecessary requests for information in connection with applications or notices to the agencies; and

(2)

to harmonize, to the extent practicable, any inconsistent publication and public notice requirements.

Source credit: (Pub. L. 103–325, title III, § 304, Sept. 23, 1994, 108 Stat. 2215.)

history & why it existsrecord from the source credit

1994Enacted · Pub. L. 103-325 · 108 Stat. 2215

A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-325 on 1994-09-23.

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