FEDERAL · 12 U.S.C. · Chapter 16
Nondiscrimination
12 U.S.C. § 1830
Title12 — Banks and Banking
Chapter16 — FEDERAL DEPOSIT INSURANCE CORPORATION
This text of 12 U.S.C. § 1830 (Nondiscrimination) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 1830.
Text
It is not the purpose of this chapter to discriminate in any manner against State nonmember banks or State savings associations and in favor of national or member banks or Federal savings associations, respectively. It is the purpose of this chapter to provide all banks and savings associations with the same opportunity to obtain and enjoy the benefits of this chapter.
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Related
ARKANSAS S. & L. ASS'N v. MacK Trucks of Ark.
566 S.W.2d 128 (Supreme Court of Arkansas, 1978)
Source Credit
History
(Sept. 21, 1950, ch. 967, §2[22], formerly §2[20], 64 Stat. 893; renumbered §2[21], Pub. L. 90–203, §3, Dec. 15, 1967, 81 Stat. 610; renumbered §2[22], Pub. L. 91–508, title I, §101, Oct. 26, 1970, 84 Stat. 1114; amended Pub. L. 101–73, title II, §223, Aug. 9, 1989, 103 Stat. 273.)
Editorial Notes
Editorial Notes
Prior Provisions
Section is derived from subsec. (y) of former section 264 of this title. See Codification note set out under section 1811 of this title.
Amendments
1989—Pub. L. 101–73 amended section generally. Prior to amendment, section read as follows: "It is not the purpose of this chapter to discriminate in any manner against State nonmember banks and in favor of national or member banks; but the purpose is to provide all banks with the same opportunity to obtain and enjoy the benefits of this chapter. No bank shall be discriminated against because its capital stock is less than the amount required for eligibility for admission into the Federal Reserve System."
Prior Provisions
Section is derived from subsec. (y) of former section 264 of this title. See Codification note set out under section 1811 of this title.
Amendments
1989—Pub. L. 101–73 amended section generally. Prior to amendment, section read as follows: "It is not the purpose of this chapter to discriminate in any manner against State nonmember banks and in favor of national or member banks; but the purpose is to provide all banks with the same opportunity to obtain and enjoy the benefits of this chapter. No bank shall be discriminated against because its capital stock is less than the amount required for eligibility for admission into the Federal Reserve System."
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Bluebook (online)
12 U.S.C. § 1830, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/1830.