Sec. 2. Visitorial powers
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/bill/116/s/2098/is/section-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The sixth undesignated paragraph of section 5240 of the Revised Statutes ( 12 U.S.C. 484 ) is amended by striking subparagraph
(B)and inserting the following: Notwithstanding subparagraph (A)— lawfully authorized State auditors and examiners may, at reasonable times and upon reasonable notice to a bank, review their records solely to ensure compliance with applicable State unclaimed property or escheat laws upon reasonable cause to believe that the bank has failed to comply with such laws; an attorney general (or other chief law enforcement officer) of a State may issue subpoenas to national banks or officers of national banks based upon reasonable cause to believe that the national bank or an officer of a national bank has failed to comply with applicable State laws; and an attorney general (or other chief law enforcement officer) of a State may require a national bank to provide aggregate data on loans and other financial products and services provided by the national bank in such State. .
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U.S. Code