12 USC 4308 - Regulations

U.S Code last checked for updates: Nov 22, 2024

§ 4308.

Regulations

(a)

In general

(1)

Regulations required

(2)

Effective date of regulations

(3)

Contents of regulations

(4)

Date of applicability

(b)

Model forms and clauses

(1)

In general

(2)

Use of forms and clauses deemed in compliance

Nothing in this chapter may be construed to require a depository institution to use any such model form or clause prescribed by the Bureau under this subsection. A depository institution shall be deemed to be in compliance with the disclosure provisions of this chapter if the depository institution—

(A)

uses any appropriate model form or clause as published by the Bureau; or

(B)

uses any such model form or clause and changes it by—

(i)

deleting any information which is not required by this chapter; or

(ii)

rearranging the format,

if in making such deletion or rearranging the format, the depository institution does not affect the substance, clarity, or meaningful sequence of the disclosure.

(3)

Public notice and opportunity for comment

(Pub. L. 102–242, title II, § 269, Dec. 19, 1991, 105 Stat. 2338; Pub. L. 102–550, title IX, § 957(b), title XVI, § 1604(e)(2)(D)–(H), Oct. 28, 1992, 106 Stat. 3897, 4084; Pub. L. 111–203, title X, § 1100B(1), July 21, 2010, 124 Stat. 2109.)

cite as: 12 USC 4308