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12 U.S.C. § 1882 — Security measures
Federal law — U.S. Code and appendices · legal_authorities
**(a) Rules for installation, maintenance, and operation of security devices and procedures** Within six months from July 7, 1968, each Federal supervisory agency shall promulgate rules establishing minimum standards with which each bank or savings association must comply with respect to the installation, maintenance, and operation of security devices and procedures, reasonable in cost, to discourage robberies, burglaries, and larcenies and to assist in the identification and apprehension of persons who commit such acts.
**(b) Time for compliance with standards** The rules shall establish the time limits within which banks and savings associations shall comply with the standards.
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Source file: Laws/federal/codes/united-states-code/title-12/section-1882-security-measures--d3d6472d4b.md
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Source location: Title 12, Chapter 19, § 1882; chapter-019-security-measures-for-banks-and-savings-associations.md
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**(a) Rules for installation, maintenance, and operation of security devices and procedures** Within six months from July 7, 1968, each Federal supervisory agency shall promulgate rules establishing minimum standards with which each bank or savings association must comply with respect to the installation, maintenance, and operation of security devices and procedures, reasonable in cost, to discourage robberies, burglaries, and larcenies and to assist in the identification and apprehension of persons who commit such acts.
**(b) Time for compliance with standards** The rules shall establish the time limits within which banks and savings associations shall comply with the standards.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Repealed. Pub. L. 111–139, title I, § 10(a), Feb. 12, 2010, 124 Stat. 21**
**(b) Student loans** For all student loans under part B or D of title IV of the Higher Education Act of 1965 [[20 U.S.C. 1071](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1071&num=0&edition=prelim) et seq., 1087a et seq.] made during the period when a sequestration order under [section 904 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section904&num=0&edition=prelim) is in effect as required by section 902 or 903 of this title, origination fees under sections 438(c)(2) and (6) and 455(c) [[20 U.S.C. 1087–1(c)(2)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087–1/c/2&num=0&edition=prelim), (6), 1087e(c)] and loan processing and issuance fees under section 428(f)(1)(A)(ii) of that Act [[20 U.S.C. 1078(f)(1)(A)(ii)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1078/f/1/A/ii&num=0&edition=prelim)] shall each be increased by the uniform percentage specified in that sequestration order, and, for student loans originated during the period of the sequestration, special allowance payments under section 438(b) of that Act [[20 U.S.C. 1087–1(b)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087–1/b&num=0&edition=prelim)] accruing during the period of the sequestration shall be reduced by the uniform percentage specified in that sequestration order.
**(c) Repealed. Pub. L. 111–139, title I, § 10(c), Feb. 12, 2010, 124 Stat. 22**
**(d) Special rules for Medicare program**
(1) **Calculation of reduction in payment amounts** — To achieve the total percentage reduction in those programs required by section 902 or 903 of this title, subject
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Reports of condition; form; contents; date of making; publication** Every association shall make reports of condition to the Comptroller of the Currency in accordance with the Federal Deposit Insurance Act [[12 U.S.C. 1811](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1811&num=0&edition=prelim) et seq.]. The Comptroller of the Currency may call for additional reports of condition, in such form and containing such information as he may prescribe, on dates to be fixed by him, and may call for special reports from any particular association whenever in his judgment the same are necessary for his use in the performance of his supervisory duties. Each report of condition shall contain a declaration by the president, a vice president, the cashier, or by any other officer designated by the board of directors of the bank to make such declaration, that the report is true and correct to the best of his knowledge and belief. The correctness of the report of condition shall be attested by the signatures of at least three of the directors of the bank other than the officer making such declaration, with the declaration that the report has been examined by them and to the best of their knowledge and belief is true and correct. Each report shall exhibit in detail and under appropriate heads the resources and liabilities of the association at the close of business on any past day specified by the Comptroller, and shall be transmitted to the Comptroller within the period of time specified by the Comptroller. Special reports called for by the Comptroller need contain only such information as is specified by the Comptroller in his request therefor, and publication of such reports need be made only if directed by the Comptroller.
**(b) Payment of divide
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Federal law — U.S. Code and appendices · legal_authorities
Page 1271
TITLE 12—BANKS AND BANKING
§ 1884
CHAPTER 19—SECURITY MEASURES FOR
BANKS AND SAVINGS ASSOCIATIONS
Sec.
1881.
‘‘Federal supervisory agency’’ defined.
1882.
Security measures.
1883.
Insurance rates; report to Congress.
1884.
Penalties for violations.
§ 1881. ‘‘Federal supervisory agency’’ defined
As used in this chapter the term ‘‘Federal su-
pervisory agency’’ means the appropriate Fed-
eral banking agency, as defined in section
1813(q) of this title.
(Pub. L. 90–389, § 2, July 7, 1968, 82 Stat. 294; Pub.
L. 101–73, title VII, § 744(h), Aug. 9, 1989, 103 Stat.
439; Pub. L. 108–386, § 8(d), Oct. 30, 2004, 118 Stat.
2232; Pub. L. 111–203, title III, § 356(1), July 21,
2010, 124 Stat. 1547.)
Editorial Notes
AMENDMENTS
2010—Pub. L. 111–203 substituted ‘‘the term ‘Federal
supervisory agency’ means the appropriate Federal
banking agency, as defined in section 1813(q) of this
title.’’ for ‘‘the term ‘Federal supervisory agency’
means—
‘‘(1) The Comptroller of the Currency with respect
to national banks,
‘‘(2) The Board of Governors of the Federal Reserve
System with respect to Federal Reserve banks and
State banks which are members of the Federal Re-
serve System,
‘‘(3) The Federal Deposit Insurance Corporation
with respect to State banks which are not members
of the Federal Reserve System but the deposits of
which are insured by the Federal Deposit Insurance
Corporation and State savings associations, and
‘‘(4) The Director of the Office of Thrift Supervision
with respect to Federal savings.’’
2004—Par. (1). Pub. L. 108–386 struck out ‘‘and district
banks’’ after ‘‘national banks’’.
1989—Par. (3). Pub. L. 101–73, § 744(h)(2), inserted ref-
erence to State savings associations.
Par. (4). Pub. L. 101–73, § 744(h)(1), substituted ‘‘
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 1882
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