WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 21

12 U.S.C. 1951: Congressional findings and declaration of purpose

Created in 1970 by Public Law 91-508. Not changed since. No bill we track in this Congress changes it.

3 other sections of the Code cite this one, including 12 U.S.C. 3401, 12 U.S.C. 5901, 31 U.S.C. 5318.

16 parts of federal rules cite it as their authority, written by Financial Crimes Enforcement Network, Department of the Treasury (13), Comptroller of the Currency, Department of the Treasury (1), Federal Reserve System (1), Commodity Futures Trading Commission (1).

This Congress

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

    How it got here

    Unchanged since Public Law 91-508 (Oct 26, 1970).

    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.