Sec. 5873. RULEMAKING
122 words·~1 min read·
/statute-compilations/comps-17475/sec-5873A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 5873 RULEMAKING **[**[12 U.S.C. 1772e note](/us/usc/t12/s1772e)**]** ###
(a)In General The National Credit Union Administration Board shall issue rules to carry out the amendments made by this subtitle, which shall take effect not later than 2 years after the date on which final rules are promulgated under section 124(b)(2) of the Financial Stability Act of 2010, as added by section 5811(a) of this title. ###
(b)Scaling of Regulatory Requirements; Minimizing Disruption In issuing the rules required under subsection (a), the National Credit Union Administration Board— ####
(1)may scale data reporting requirements in order to reduce any unjustified burden on smaller regulated entities; and ####
(2)shall seek to minimize disruptive changes to the persons affected by those regulations.
Connectionstraces to 1
Traces to 1 document
U.S. Code