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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 3— FEDERAL RESERVE SYSTEM · SUBCHAPTER XV— BANK EXAMINATIONS · § 484

§ 484. Limitation on visitorial powers

437 words·~2 min read·/usc/title-12/section-484

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)No national bank shall be subject to any visitorial powers except as authorized by Federal law, vested in the courts of justice or such as shall be, or have been exercised or directed by Congress or by either House thereof or by any committee of Congress or of either House duly authorized.
(b)Notwithstanding subsection (a), lawfully authorized State auditors and examiners may, at reasonable times and upon reasonable notice to a bank, review its 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.
(R.S. § 5240 (par.); Feb. 19, 1875, ch. 89, 18 Stat. 329; Dec. 23, 1913, ch. 6, § 21, 38 Stat. 272; Pub. L. 97–320, title IV, § 412, Oct. 15, 1982, 96 Stat. 1521; Pub. L. 97–457, § 23(a), Jan. 12, 1983, 96 Stat. 2510.)
Connections69 cite this · traces to 2
Cited by 69 sections · top 31
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17 references not yet in our index
  • Feb. 19, 1875, ch. 89
  • 18 Stat. 329
  • Dec. 23, 1913, ch. 6, § 21
  • 38 Stat. 272
  • Pub. L. 97–320, title IV, § 412
  • 96 Stat. 1521
  • Pub. L. 97–457, § 23(a)
  • 96 Stat. 2510
  • act June 3, 1864, ch. 106, § 54
  • 13 Stat. 116
  • Section 412 of Pub. L. 97–320
  • section 23(a) of Pub. L. 97–457
  • section 412 of Pub. L. 97–320
  • Pub. L. 97–320
  • Pub. L. 97–457
  • Pub. L. 97–457, § 23(b)
  • Public Law 97–320
Citation graph
cites case law
§ 484
Limitation on visitorial powers
Fed. Reg.×55
Stat.×5
C.F.R.×4
Bills×3
U.S.C.×2
ActFeb. 19, 1875, ch. 89
Stat.18 Stat. 329
ActDec. 23, 1913, ch. 6, § 21
Stat.38 Stat. 272
Pub. L.Pub. L. 97–320, title IV, § 412
Cites 19 · showing 7Cited by 69 across 5 sources
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