Sec. 729. STUDY AND REPORT ON ADAPTING EXISTING LEGISLATIVE REQUIREMENTS TO ONLINE BANKING AND LENDING
177 words·~1 min read·
/statute-compilations/comps-272/sec-729A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 729 STUDY AND REPORT ON ADAPTING EXISTING LEGISLATIVE REQUIREMENTS TO ONLINE BANKING AND LENDING **[**[12 U.S.C. 4801](/us/usc/t12/s4801) nt**]** ###
(a)Study Required The Federal banking agencies shall conduct a study of banking regulations regarding the delivery of financial services, including those regulations that may assume that there will be person-to-person contact during the course of a financial services transaction, and report their recommendations on adapting those existing requirements to online banking and lending. ###
(b)Report Required Before the end of the 2-year period beginning on the date of the enactment of this Act, the Federal banking agencies shall submit a report to the Congress on the findings and conclusions of the agencies with respect to the study required under subsection (a), together with such recommendations for legislative or regulatory action as the agencies may determine to be appropriate. ###
(c)Definition For purposes of this section, the term “**Federal banking agencies**” means each Federal banking agency (as defined in section 3(z) of the Federal Deposit Insurance Act). * * * * * * *
Connectionstraces to 1
Traces to 1 document
U.S. Code
Citation graph
cites case law
Sec. 729
STUDY AND REPORT ON ADAPTING EXISTING LEGISLATIVE REQUIREMENTS TO ONLINE BANKING AND LENDING
Cites 1Cited by 0 across 0 sources