WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 12

12 U.S.C. 1468: Transactions with affiliates; extensions of credit to executive officers, directors, and principal shareholders

Created in 1987 by Public Law 100-86. Changed by 4 later laws. No bill we track in this Congress changes it.

3 other sections of the Code cite this one, including 12 U.S.C. 1467a, 12 U.S.C. 1831e, 12 U.S.C. 5412.

6 parts of federal rules cite it as their authority, written by Federal Reserve System (3), Federal Deposit Insurance Corporation (2), Comptroller of the Currency, Department of the Treasury (1).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2010

    • Pub. L. 111–203, §369(9), substituted "appropriate Federal banking agency" for "Director" wherever appearing. (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text
    • Pub. L. 111–203, §608(c), added subsec. (d). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (d)

    1994

    • Pub. L. 103–325, §316(b), struck out heading and text of subpar. (C) which read as follows: · (a)
    • Pub. L. 103–325, §316(a), added subpar. (C). · (a)

    1991

    • Pub. L. 102–242 substituted "Subsections (g) and (h) of section 22" for "Section 22(h)". · (b)

    1989

    • Pub. L. 101–73 amended section generally, substituting subsecs. (a) to (c) relating to affiliate transactions, extensions of credit, and administrative enforcement, for former undesignated paragraph relating to separability of provisions.

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.