Pub. L. 111-203, tit. III, subtit. E, sec. 358

COMMUNITY REINVESTMENT ACT OF 1977.

EnactedYear: 2010Length: 184 wordsOfficial source
SEC. 358. COMMUNITY REINVESTMENT ACT OF 1977. The Community Reinvestment Act of 1977 (12 U.S.C. 2901 et seq.) is amended—(1) in section 803 (12 U.S.C. 2902)—(A) in paragraph (1)—(i) in subparagraph (A), by inserting “and Federal savings associations (the deposits of which are insured by the Federal Deposit Insurance Corporation)” after “banks”;(ii) in subparagraph (B), by striking “and bank holding companies” and inserting “, bank holding companies, and savings and loan holding companies”; and(iii) in subparagraph (C), by striking “; and” and inserting “, and State savings associations (the deposits of which are insured by the Federal Deposit Insurance Corporation).”; and(B) by striking paragraph (2) (relating to the Office of Thrift Supervision), as added by section 744(q) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (Public Law 101–73; 103 Stat. 440); and(2) in section 806 (12 U.S.C. 2905), by inserting “, except that the Comptroller of the Currency shall prescribe regulations applicable to savings associations and the Board of Governors shall prescribe regulations applicable to insured State member banks, bank holding companies and savings and loan holding companies,” after “supervisory agency”.
Pub. L. 111-203, tit. III, subtit. E, sec. 358: COMMUNITY REINVESTMENT ACT OF 1977. | Justis AI