Federal

Title 12 — Banks and Banking

1,996 sections, each with the official text and a plain-English explanation of what it means for you.

• § 1 — Office of the Comptroller of the Currency
• § 10 — Salaries of Deputy Comptrollers, examiners, and other employees as part of bank examination expenses
• § 1001 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 101 to 110 — Repealed. Pub. L. 103–325, title VI, § 602(e)(5) –(11), (f)(2)–(4)(A), (g)(9), Sept. 23, 1994 , 108 Stat. 2292 , 2294
• § 1011 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1012 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1016 — Repealed and Omitted
• § 1017 to 1019 — Repealed. Pub. L. 87–353, § 3(b) , Oct. 4, 1961 , 75 Stat. 773
• § 1020 to 1020a–1 — Repealed. Pub. L. 87–353, § 3(a) , (v), Oct. 4, 1961 , 75 Stat. 773 , 774
• § 1020a–2, 1020a–3 — Omitted
• § 1020b, 1020c — Repealed. Pub. L. 87–353, § 3(a) , Oct. 4, 1961 , 75 Stat. 773
• § 1020c–1 — Omitted
• § 1020d to 1020h — Repealed. Pub. L. 87–353, § 3(a) , Oct. 4, 1961 , 75 Stat. 773
• § 1020i to 1020n — Repealed. Aug. 14, 1946, ch. 964, § 2(a)(2) , 60 Stat. 1062
• § 1020n–1 — Omitted
• § 1020o — Repealed. Aug. 14, 1946, ch. 964, § 2(a)(2) , 60 Stat. 1062
• § 1021 to 1023 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1023a — Omitted
• § 1023b to 1027 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1031 to 1033 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1034 — Repealed. June 3, 1935, ch. 164, § 5(c) , 49 Stat. 315
• § 1040 to 1045 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1051 to 1053 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1061, 1062 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1072 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1081 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1091 to 1095 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 11 — Interest in national banks
• § 1101 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1111 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1121 to 1128 — Repealed. June 25, 1948, ch. 645, § 21 , 62 Stat. 862 , eff. Sept. 1, 1948
• § 1129 — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1131 — Repealed. Pub. L. 89–554, § 8(a) , Sept. 6, 1966 , 80 Stat. 648
• § 1131a — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1131a–1 — Omitted
• § 1131b — Repealed. July 26, 1956, ch. 741 , title I, § 105(c), 70 Stat. 665
• § 1131c — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1131d to 1131g — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1131g–1 — Repealed. July 26, 1956, ch. 741 , title I, § 105(q), 70 Stat. 666
• § 1131g–2, 1131h — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1131i — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1131j — Transferred
• § 1134 to 1134e — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1134f to 1134m — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1138 to 1138c — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1138d — Repealed. June 25, 1948, ch. 645, § 21 , 62 Stat. 862 , eff. Sept. 1, 1948
• § 1138e — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1138f — Repealed. Aug. 11, 1955, ch. 785 , title I, § 110(b), 69 Stat. 662
• § 1141 — Declaration of policy; effective merchandising of agricultural commodities; speculation; cooperative marketing; surpluses; administration of chapter
• § 1141a — Repealed. Aug. 6, 1953, ch. 335, § 19 , 67 Stat. 400
• § 1141b to 1141f — Repealed. Pub. L. 115–334, title V, § 5411(52) –(56), (58), Dec. 20, 2018 , 132 Stat. 4685
• § 1141g — Omitted
• § 1141h — Avoidance of duplication; cooperation with other governmental establishments; obtaining information and data; cooperation with States, Territories, and agencies or subdivisions thereof; indicating research problems; transfer of offices, functions, etc.
• § 1141i — Repealed. Pub. L. 115–334, title V, § 5411(57) , Dec. 20, 2018 , 132 Stat. 4685
• § 1141j — Miscellaneous provisions
• § 1148 — Repealed. Pub. L. 115–334, title V, § 5411(59) , Dec. 20, 2018 , 132 Stat. 4685
• § 1148a — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1148a–1 to 1148a–3 — Repealed. Pub. L. 87–128, title III, § 341(a) , Aug. 8, 1961 , 75 Stat. 318
• § 1148a–4 to 1148d — Repealed. Pub. L. 115–334, title V, § 5411(60) –(63), Dec. 20, 2018 , 132 Stat. 4686
• § 1150 — Compromise, adjustment, and cancellation of farm loans; conditions; delegation of powers and duties by Secretary of Agriculture
• § 1150a — Farm loans to which chapter is applicable
• § 1150b — Authorization of appropriations
• § 1150c — Self-hauling of hay or other roughages under hay transportation assistance program; liability for or refund of excess payments; availability of funds for payments
• § 1151 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1151a — Repealed. Pub. L. 92–181, title V, § 5 .26(a), Dec. 10, 1971 , 85 Stat. 624
• § 1161 to 1163 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1171, 1172 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1181, 1182 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1191 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 12 — Seal of Comptroller
• § 1201, 1202 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 121 — Repealed. Pub. L. 103–325, title VI, § 602(f)(4)(B) , Sept. 23, 1994 , 108 Stat. 2292
• § 1211 to 1215 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 121a — Redemption of notes unidentifiable as to bank of issue
• § 122 — Repealed. Pub. L. 97–258, § 5(b) , Sept. 13, 1982 , 96 Stat. 1068
• § 1221 to 1223 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 122a — Redeemed notes of unidentifiable issue; funds charged against
• § 123 to 126 — Repealed. Pub. L. 103–325, title VI, § 602(e)(12) , (13), (f)(4)(C), (6), Sept. 23, 1994 , 108 Stat. 2292 , 2293
• § 1231, 1232 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1241 to 1244 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1245 — Repealed. June 25, 1948, ch. 645, § 21 , 62 Stat. 862 , eff. Sept. 1, 1948
• § 1246, 1247 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1248 — Repealed. June 25, 1948, ch. 645, § 21 , 62 Stat. 862 , eff. Sept. 1, 1948
• § 1249 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1251 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1261 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 127 — Repealed. Pub. L. 89–554, § 8(a) , Sept. 6, 1966 , 80 Stat. 633
• § 1271 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1281 to 1283 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 1291 to 1293 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 13 — Rooms for Currency Bureau
• § 1301 to 1303 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 131 to 138 — Repealed. Pub. L. 103–325, title VI, § 602(e)(14) –(21), Sept. 23, 1994 , 108 Stat. 2292
• § 1311 to 1318 — Repealed. June 25, 1948, ch. 645, § 21 , 62 Stat. 862 , eff. Sept. 1, 1948
• § 1321 — Omitted
• § 1322 — Repealed. Pub. L. 86–230, § 24 , Sept. 8, 1959 , 73 Stat. 466
• § 14 — Report of Comptroller
• § 1401 to 1404 — Repealed. Pub. L. 115–334, title V, § 5411(64) , Dec. 20, 2018 , 132 Stat. 4686
• § 141 — Omitted
• § 142 — Banks in reserve cities; reserves
• § 1421 — Short title
• § 1422 — Definitions
• § 1422a, 1422b — Repealed. Pub. L. 110–289, div. A, title II, § 1204(1) , July 30, 2008 , 122 Stat. 2785
• § 1423 — Federal Home Loan Bank districts; number and boundaries; establishment of Federal Home Loan Banks; names
• § 1424 — Eligibility for membership
• § 1425 to 1425b — Repealed. Pub. L. 101–73, title VII , §§ 705, 716, 720, Aug. 9, 1989 , 103 Stat. 416 , 421, 423
• § 1426 — Capital structure of Federal home loan banks
• § 1426a — Exclusion from certain requirements
• § 1427 — Directors
• § 1428 — Examination of State laws, regulations, and procedures; studies of values, etc.
• § 1428a — Repealed. Pub. L. 101–73, title VII, § 718 , Aug. 9, 1989 , 103 Stat. 422
• § 1429 — Eligibility to secure advances
• § 143 — Banks in Alaska and insular possessions; lawful money reserves
• § 1430 — Advances to members
• § 1430a — Omitted
• § 1430b — Advances to nonmember mortgagee; terms and conditions
• § 1430c — Housing goals
• § 1431 — Powers and duties of banks
• § 1432 — Incorporation of banks; corporate powers; housing project loans
• § 1433 — Exemption from taxation; obligations acceptable as credit on debt of home owner
• § 1434 — Depositaries of public money; financial agents
• § 1435 — Obligations as lawful investments; liability of United States for debentures, etc., issued by banks
• § 1436 — Reserves and dividends; emergency suspensions of requirements
• § 1437 — Repealed. Pub. L. 101–73, title VII, § 703(a) , Aug. 9, 1989 , 103 Stat. 415
• § 1438 — Omitted
• § 1438a — Nonadministrative expenses; expenses of studies and investigations
• § 1439, 1439–1 — Repealed. Pub. L. 101–73, title VII , §§ 708, 712, Aug. 9, 1989 , 103 Stat. 418 , 419
• § 1439a — Deposits in special fund; availability for all purposes of Federal Home Loan Bank Board and Federal Home Loan Bank Administration
• § 144 — Certain balances counted toward reserves in dependencies and insular possessions
• § 1440 — Examinations and audits
• § 1440a — Sharing of information among Federal Home Loan Banks
• § 1441 — Financing Corporation
• § 1441a — Repealed. Pub. L. 111–203, title III, § 364(b) , July 21, 2010 , 124 Stat. 1555
• § 1441a–1 — Definitions
• § 1441a–2 — Authorization for State housing finance agencies and nonprofit entities to purchase mortgage-related assets
• § 1441a–3 — RTC and FDIC properties
• § 1441b — Resolution Funding Corporation established
• § 1442 — Member financial information
• § 1442a — Repealed. Pub. L. 106–102, title VI, § 606(c) , Nov. 12, 1999 , 113 Stat. 1454
• § 1443 — Forms of bank stock and obligations
• § 1444 — Eligibility to membership in banks
• § 1445 — Succession of Federal Home Loan Banks
• § 1446 — Liquidation or reorganization; acquisition of assets by other banks; assumption of liabilities
• § 1447 — Repealed. Pub. L. 106–102, title VI, § 606(c) , Nov. 12, 1999 , 113 Stat. 1454
• § 1448 — Effect of partial invalidity of chapter
• § 1449 — Reservation of right to amend or repeal chapter
• § 145, 146 — Repealed. Pub. L. 97–258, § 5(b) , Sept. 13, 1982 , 96 Stat. 1068
• § 1451 — Definitions
• § 1452 — Federal Home Loan Mortgage Corporation
• § 1453 — Capitalization of Federal Home Loan Mortgage Corporation
• § 1454 — Purchase and sale of mortgages; residential mortgages; conventional mortgages; terms and conditions of sale or other disposition; authority to enter into, perform, and carry out transactions
• § 1455 — Obligations and securities of the Corporation
• § 1456 — Immunity of Corporation; audits and reporting requirements; data collection; Housing Advisory Council
• § 1457 — Prohibited activities; penalties for violations by organizations, officers and members of organizations, and individuals
• § 1458 — Territorial applicability
• § 1459 — Separability
• § 1461 — Short title
• § 1462 — Definitions
• § 1462a — Administrative provisions
• § 1463 — Supervision of savings associations
• § 1464 — Federal savings associations
• § 1464a — Election to operate as a covered savings association
• § 1465 — State law preemption standards for Federal savings associations clarified
• § 1466 — Applicability
• § 1466a — District associations
• § 1467 — Examination fees
• § 1467a — Regulation of holding companies
• § 1467b — Intermediate holding companies
• § 1468 — Transactions with affiliates; extensions of credit to executive officers, directors, and principal shareholders
• § 1468a — Advertising
• § 1468b — Powers of examiners
• § 1468c — Separability
• § 1469 — Authority to invest in State housing corporations
• § 1470 — Federal supervision of insured institutions, State member and nonmember banks; access to information; definitions
• § 14a — Data standards; open data publication
• § 15 — Repealed. Aug. 7, 1946, ch. 770, § 1 (40, 50), 60 Stat. 869 , 870
• § 151 to 153 — Repealed. Pub. L. 103–325, title VI, § 602(e)(22) , (23), (f)(7), Sept. 23, 1994 , 108 Stat. 2292 , 2293
• § 16 — Funding of Office
• § 161 — Reports to Comptroller of the Currency
• § 162 — Repealed. Pub. L. 86–671, § 6 , July 14, 1960 , 74 Stat. 552 .
• § 163 — Repealed. Pub. L. 86–230, § 22(a) , Sept. 8, 1959 , 73 Stat. 466
• § 164 — Penalty for failure to make reports
• § 165 — Omitted
• § 168 to 177 — Repealed. Pub. L. 103–325, title VI, § 602(e)(24) –(31), (f)(4)(D), (5)(A), Sept. 23, 1994 , 108 Stat. 2292 , 2293
• § 1701 — Short title
• § 1701a — Short title of amendment of 1938
• § 1701b — Short title of amendment of 1942
• § 1701c — Secretary of Housing and Urban Development
• § 1701c–1 — Omitted
• § 1701d — Repealed. Pub. L. 89–554, § 8(a) , Sept. 6, 1966 , 80 Stat. 655
• § 1701d–1, 1701d–2 — Repealed. Pub. L. 90–19 , §§ 6(i), 12(a), May 25, 1967 , 81 Stat. 22 , 23
• § 1701d–3 — Repealed. Pub. L. 91–609, title V, § 503(3) , Dec. 31, 1970 , 84 Stat. 1785
• § 1701d–4 — Exchange and assembly of housing and urban planning and development data; payment of expenses; acceptance of funds, services, facilities, materials, and other donations; approval of Secretary of State for international programs and activities
• § 1701e, 1701f — Repealed. Pub. L. 91–609, title V, § 503(1) , Dec. 31, 1970 , 84 Stat. 1785
• § 1701f–1 — Repealed. Pub. L. 90–19, § 5(c) , May 25, 1967 , 81 Stat. 21
• § 1701g to 1701g–3 — Omitted
• § 1701g–4 — Omitted
• § 1701g–5 — Revolving fund in connection with liquidating programs
• § 1701g–5a — Transfer of New Communities Fund assets and liabilities
• § 1701g–5b — Liquidation of New Communities Program; cancellation of debt