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12 U.S.C. § 5401Purposes

submitted 16 years ago by Pub. L. 111-203 to r/title-12-BANKS-AND-BANKING · 80 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

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

The purposes of this title 1 are—

(1)

to provide for the safe and sound operation of the banking system of the United States;

(2)

to preserve and protect the dual system of Federal and State-chartered depository institutions;

(3)

to ensure the fair and appropriate supervision of each depository institution, regardless of the size or type of charter of the depository institution; and

(4)

to streamline and rationalize the supervision of depository institutions and the holding companies of depository institutions.

Source credit: (Pub. L. 111–203, title III, § 301, July 21, 2010, 124 Stat. 1520.)

history & why it existsrecord from the source credit
  • 2010Enacted · Pub. L. 111-203 · 124 Stat. 1520

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-203 on 2010-07-21.

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