§ 3901. Congressional declaration of policy
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/usc/title-12/section-3901A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)It is the policy of the Congress to assure that the economic health and stability of the United States and the other nations of the world shall not be adversely affected or threatened in the future by imprudent lending practices or inadequate supervision.
(2)This shall be achieved by strengthening the bank regulatory framework to encourage prudent private decisionmaking and by enhancing international coordination among bank regulatory authorities.
(b)The Federal banking agencies shall consult with the banking supervisory authorities of other countries to reach understandings aimed at achieving the adoption of effective and consistent supervisory policies and practices with respect to international lending.
(Pub. L. 98–181, title I [title IX, § 902], Nov. 30, 1983, 97 Stat. 1278.)
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- Public Law 98–181Making supplemental appropriations for the fiscal year ending September 30, 1984, and for other purposes
- Public Law 101–240To reauthorize the Export-Import Bank tied aid credit fund and pilot interest subsidy program, to provide for the participation of the United States in a replenishment of the Inter-American Development Bank and in the Enhanced Structural Adjustment Facility of the International Monetary Fund, to imp
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6 references not yet in our index
- Pub. L. 98–181, title I
- 97 Stat. 1278
- Pub. L. 101–240, title IV, § 401
- 103 Stat. 2501
- Pub. L. 101–240, title V, § 531
- 103 Stat. 2513
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§ 3901
Congressional declaration of policy
Fed. Reg.×18
C.F.R.×6
Stat.×5
Stat. Comp.×2
U.S.C.×1
Pub. L.Pub. L. 98–181, title I
Stat.97 Stat. 1278
Pub. L.Pub. L. 101–240, title IV, § 401
Stat.103 Stat. 2501
Pub. L.Pub. L. 101–240, title V, § 531
Cites 10 · showing 9Cited by 32 across 5 sources