The law › Title 12, Banks and Banking › Chapter 32
12 U.S.C. 3105: Authority of Federal Reserve System
Created in 1978 by Public Law 95-369. Changed by 5 later laws. No bill we track in this Congress changes it.
8 other sections of the Code cite this one, including 12 U.S.C. 347d, 12 U.S.C. 372, 12 U.S.C. 461, 12 U.S.C. 1813, 12 U.S.C. 1820.
7 parts of federal rules cite it as their authority, written by Federal Reserve System (4), Federal Deposit Insurance Corporation (3).
- past change
- enacted this Congress
- proposed
This Congress
No bill we track in the 119th Congress changes this section.
How it got here
2010
1996
- Pub. L. 104–208, §2214(a)(1), inserted heading. (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (c)
- Pub. L. 104–208, §2214(a)(2), added cl. (iii). (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (c)
- Pub. L. 104–208, §2214(a)(3), added subpar. (C) and struck out heading and text of former subpar. (C). Text read as follows: "Each branch or agency of a foreign bank shall be examined at least once during each 12-month period (beginning on the date the most recent examination of … (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (c)
- Pub. L. 104–208, §2214(a)(4), inserted ", only to the same extent that fees are collected by the Board for examination of any State member bank" before period at end. (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (c)
- Pub. L. 104–208, §2214(b)(1), substituted "Except as provided in paragraph (6), the Board" for "The Board". (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (d)
- Pub. L. 104–208, §2214(b)(2), substituted "The Board" for "Consistent with the standards for approval in paragraph (2), the Board". (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (d)
- Pub. L. 104–208, §2214(b)(3), added pars. (6) and (7). (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (d), (7)
- Pub. L. 104–208, §2214(c), designated existing provisions as cl. (i), substituted "and" for "or" at end, and added cl. (ii). (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (e)
1994
- Pub. L. 103–328 added subsec. (k). · (k)
1992
- Pub. L. 102–550, §1604(a)(1)(A), substituted "against which— · (e)
- Pub. L. 102–550, §1604(a)(1)(B), substituted "order referred to in subparagraph (A)" for "order issued under paragraph (1)". · (e)
- Pub. L. 102–550, §1604(a)(2), substituted "public" for "publc". · (e)
- Pub. L. 102–550, §1507, added subsec. (i). · (i)
- Pub. L. 102–550, §1604(a)(12), made technical amendment to directory language of Pub. L. 102–242, §214(b). See 1991 Amendment note below. · (j)
- Pub. L. 102–550, §1604(a)(13), substituted "Supervisory Committee" for "Supervisory committee". · (j)
1991
- Pub. L. 102–242, §203(a), added par. (1), inserted heading for par. (2), and struck out former par. (1) which read as follows: "The Board may make examinations of each branch or agency of a foreign bank, and of each commercial lending company or bank controlled by one or more foreign b… · (c)
- Pub. L. 102–242, §202(a), added subsecs. (d) to (h) and struck out former subsec. (d) which read as follows: "On or before two years after September 17, 1978, the Board after consultation with the appropriate State bank supervisory authorities shall report to the Committee on B… · (d), (e), (f), (g), (h)
- Pub. L. 102–242, §214(b), as amended by Pub. L. 102–550, §1604(a)(12), added subsec. (j). · (j)
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.