Pub. L. 103-328, tit. I, sec. 112 (as amended)

GAO REPORT ON DATA COLLECTION UNDER INTERSTATE BRANCHING.

Year: 1994Length: 161 wordsOfficial source
SEC. 112. GAO REPORT ON DATA COLLECTION UNDER INTERSTATE BRANCHING. (a) In General.—The Comptroller General of the United States shall submit to the Congress, not later than 9 months after the date of enactment of this Act, a report that— (1) examines statutory and regulatory requirements for insured depository institutions to collect and report deposit and lending data; and (2) determines what modifications to such requirements are needed, so that the implementation of the interstate branching provisions contained in this title will result in no material loss of information important to regulatory or congressional oversight of insured depository institutions. (b) Consultation.—The Comptroller General, in preparing the report required by this section, shall consult with individuals representing the appropriate Federal banking agencies, insured depository institutions, consumers, community groups, and other interested parties. (c) Definitions.—For purposes of this section, the terms “appropriate Federal banking agency” and “insured depository institution” have the same meanings as in section 3 of the Federal Deposit Insurance Act.
Pub. L. 103-328, tit. I, sec. 112 (as amended): GAO REPORT ON DATA COLLECTION UNDER INTERSTATE BRANCHING. | Justis AI