Source: https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4302&num=0&edition=prelim
Timestamp: 2020-08-07 22:19:26
Document Index: 680877817

Matched Legal Cases: ['§ 4302', '§263', '§957', '§2604', '§1100', '§957']

[USC02] 12 USC 4302: Disclosure of interest rates and terms of accounts
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12 USC 4302: Disclosure of interest rates and terms of accounts Text contains those laws in effect on August 6, 2020
The disclosure requirements contained in this section shall not apply to any sign (including a rate board) disclosing a rate or rates of interest which is displayed on the premises of the depository institution if such sign contains-
No advertisement, announcement, or solicitation made by any depository institution or deposit broker may refer to or describe an account as a free or no-cost account (or words of similar meaning) if-
(1) in order to avoid fees or service charges for any period-
( Pub. L. 102–242, title II, §263, Dec. 19, 1991, 105 Stat. 2334 ; Pub. L. 102–550, title IX, §957(a), Oct. 28, 1992, 106 Stat. 3896 ; Pub. L. 104–208, div. A, title II, §2604(b), Sept. 30, 1996, 110 Stat. 3009–471 ; Pub. L. 111–203, title X, §1100B(1), July 21, 2010, 124 Stat. 2109 .)
2010-Subsec. (b). Pub. L. 111–203 substituted "Bureau" for "Board" in two places.
1996-Subsec. (c). Pub. L. 104–208 redesignated par. (1) as entire subsec. (c) and subpars. (A) and (B) of former par. (1) as pars. (1) and (2), respectively, and struck out former par. (1) heading and heading and text of former par. (2). Text of former par. (2) read as follows: "For purposes of paragraph (1), a sign shall only be considered to be displayed on the premises of a depository institution if the sign is designed to be viewed only from the interior of the premises of the depository institution."
1992-Subsec. (a). Pub. L. 102–550, §957(a)(1), substituted "subsections (b) and (c)" for "subsection (b)".