section 1829b of this titlesection 1829b of this titlesection 1829b of this titlesection 1829b of this titlesection 1829b of this titleThe Secretary shall have the responsibility to assure compliance with the requirements of this chapter and and may delegate such responsibility to the appropriate bank supervisory agency, or other supervisory agency. The Secretary may rely on examinations conducted by a State supervisory agency of a category of financial institution, if the Secretary determines that the category of financial institution is required to comply with this chapter and (and regulations prescribed under this chapter and ), or the State supervisory agency examines the category of financial institution for compliance with this chapter and (and regulations prescribed under this chapter and ).
Pub. L. 91–508, title I, § 12884 Stat. 1118Pub. L. 113–156, § 2(b)128 Stat. 1829(, , ; , , .)
Editorial Notes
Amendments
Pub. L. 113–156section 1829b of this titlesection 1829b of this titlesection 1829b of this titlesection 1829b of this titlesection 1829b of this title2014— substituted “requirements of this chapter and ” for “requirements of this chapter and sections 1730d and 1829b of this title” and inserted at end “The Secretary may rely on examinations conducted by a State supervisory agency of a category of financial institution, if the Secretary determines that the category of financial institution is required to comply with this chapter and (and regulations prescribed under this chapter and ), or the State supervisory agency examines the category of financial institution for compliance with this chapter and (and regulations prescribed under this chapter and ).”
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 91–508section 1951 of this titleSection effective on first day of seventh calendar month which begins after , except that the Secretary of the Treasury may, by regulation, provide that this section be effective on any date not earlier than the publication of such regulations in the Federal Register and not later than first day of thirteenth calendar month which begins after , see section 401(a), (b) of , set out as a note under .
Consultation With State Agencies
Pub. L. 113–156, § 2(c)128 Stat. 1830