Source: http://www.law.cornell.edu/cfr/text/12/230.9
Timestamp: 2014-07-10 18:42:40
Document Index: 298023676

Matched Legal Cases: ['art 230', '§ 230', '§ 4301', '§ 4302', '§ 4303', '§ 4304', '§ 4305', '§ 4306', '§ 4307', '§ 4308', '§ 4309', '§ 4310', '§ 4311', '§ 4312', '§ 4313', 'art 230', 'art 230', 'art 1030']

12 CFR 230.9 - Enforcement and record retention. | LII / Legal Information Institute
CFR › Title 12 › Chapter II › Subchapter A › Part 230 › Section 230.9 12 CFR 230.9 - Enforcement and record retention.
§ 230.9
Enforcement and record retention.
Section 270 of the act contains the provisions relating to administrative sanctions for failure to comply with the requirements of the act and this part. Compliance is enforced by the agencies listed in that section.
Section 271 of the Act contains the provisions relating to civil liability for failure to comply with the requirements of the act and this part; Section 271 is repealed effective September 30, 2001.
A depository institution shall retain evidence of compliance with this part for a minimum of two years after the date disclosures are required to be made or action is required to be taken. The administrative agencies responsible for enforcing this part may require depository institutions under their jurisdiction to retain records for a longer period if necessary to carry out their enforcement responsibilities under section 270 of the act.
[57 FR 43376, Sept. 21, 1992, as amended by Reg. DD, 63 FR 52107, Sept. 29, 1998]
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeU.S. Code: Title 12 - BANKS AND BANKING§ 4301 - Findings and purpose§ 4302 - Disclosure of interest rates and terms of accounts§ 4303 - Account schedule§ 4304 - Disclosure requirements for certain accounts§ 4305 - Distribution of schedules§ 4306 - Payment of interest§ 4307 - Periodic statements§ 4308 - Regulations§ 4309 - Administrative enforcement§ 4310 - Repealed.§ 4311 - Credit unions§ 4312 - Effect on State law§ 4313 - Definitions
Title 12 published on 2014-01-01The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR 230 after this date.2014-02-20; vol. 79 # 34 - Thursday, February 20, 201479 FR 9647 - Truth in Savings (Regulation DD)
typeregulations.gov FR Doc.2014-03266 RIN7100 AE12 Docket No.R-1482 FEDERAL RESERVE SYSTEM Notice of proposed rulemaking; request for public comment. Comments must be received on or before April 21, 2014. 12 CFR Part 230 SummaryThe Board of Governors of the Federal Reserve System (Board) is proposing to repeal its Regulation DD, 12 CFR part 230, which was issued to implement the Truth in Saving Act (TISA). Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) transferred rulemaking authority for a number of consumer financial protection laws, including TISA, from the Board to the Bureau of Consumer Financial Protection (Bureau). In December 2011, the Bureau published an interim final rule establishing its own Regulation DD to implement TISA (Bureau Interim Final Rule). 1 The Bureau Interim Final Rule substantially duplicates the Board&apos;s Regulation DD. Credit unions are not subject to either the Board&apos;s or Bureau&apos;s Regulation DD, and are covered instead by a substantially identical regulation issued by the National Credit Union Administration (NCUA) pursuant to 12 U.S.C. 4311. 1 12 CFR part 1030. See 76 FR 79276 (Dec. 21, 2011). Under section 1029 of the Dodd-Frank Act, the Board retains authority to issue rules for certain motor vehicle dealers that offer consumer financial services and are not subject to the Bureau&apos;s regulatory authority. The Board is not aware of any entities that are motor vehicle dealers engaging in activities subject to TISA that would be subject to the Board&apos;s authority under section 1029 of the Dodd-Frank Act. Accordingly, the Board is proposing to repeal its Regulation DD.