Rules for installation, maintenance, and operation of security devices and procedures
Within six months from , each Federal supervisory agency shall promulgate rules establishing minimum standards with which each bank or savings association must comply with respect to the installation, maintenance, and operation of security devices and procedures, reasonable in cost, to discourage robberies, burglaries, and larcenies and to assist in the identification and apprehension of persons who commit such acts.
Time for compliance with standards
The rules shall establish the time limits within which banks and savings associations shall comply with the standards.
Pub. L. 90–389, § 382 Stat. 295Pub. L. 101–73, title IX, § 911(a)103 Stat. 478Pub. L. 111–203, title III, § 356(2)124 Stat. 1547(, , ; , , ; , , .)
Editorial Notes
Amendments
Pub. L. 111–2032010— struck out “and loan” after “savings” in subsecs. (a) and (b).
Pub. L. 101–731989—Subsec. (b). struck out “and shall require the submission of periodic reports with respect to the installation, maintenance, and operation of security devices and procedures” before period at end.
Statutory Notes and Related Subsidiaries
Effective Date of 2010 Amendment
Pub. L. 111–203section 351 of Pub. L. 111–203section 906 of Title 2Amendment by effective on the transfer date, see , set out as a note under , The Congress.
Effective Date of 1989 Amendment
Pub. L. 101–73section 911(i) of Pub. L. 101–73section 161 of this titleAmendment by applicable with respect to reports filed or required to be filed after , see , set out as a note under .