FEDERAL · 12 U.S.C. · Chapter 19

Security measures

12 U.S.C. § 1882
Title12Banks and Banking
Chapter19 — SECURITY MEASURES FOR BANKS AND SAVINGS ASSOCIATIONS

This text of 12 U.S.C. § 1882 (Security measures) 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. § 1882.

Text

(a)Rules for installation, maintenance, and operation of security devices and procedures Within six months from July 7, 1968, each Federal supervisory agency shall promulgate rules establishing minimum standards with which each bank or savings association must comply with respect to the installation, maintenance, and operation of security devices and procedures, reasonable in cost, to discourage robberies, burglaries, and larcenies and to assist in the identification and apprehension of persons who commit such acts.
(b)Time for compliance with standards The rules shall establish the time limits within which banks and savings associations shall comply with the standards.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Collins v. AmSouth Bank
241 S.W.3d 879 (Court of Appeals of Tennessee, 2007)
23 case citations
Deese v. NationsBank of Georgia, N.A.
474 S.E.2d 18 (Court of Appeals of Georgia, 1996)
16 case citations
United States v. Robert Lee Stevens
601 F.2d 1075 (Ninth Circuit, 1979)
13 case citations
Pinsonneault v. Merchants & Farmers Bank
738 So. 2d 172 (Louisiana Court of Appeal, 1999)
12 case citations
Davis v. Protection One Alarm Monitoring, Inc.
456 F. Supp. 2d 243 (D. Massachusetts, 2006)
7 case citations
Shaffer v. Wells Fargo Guard Services
528 So. 2d 389 (District Court of Appeal of Florida, 1988)
4 case citations
Otte v. UMB Bank, N.A.
(D. Kansas, 2019)

Source Credit

History

(Pub. L. 90–389, §3, July 7, 1968, 82 Stat. 295; Pub. L. 101–73, title IX, §911(a), Aug. 9, 1989, 103 Stat. 478; Pub. L. 111–203, title III, §356(2), July 21, 2010, 124 Stat. 1547.)

Editorial Notes

Editorial Notes

Amendments
2010—Pub. L. 111–203 struck out "and loan" after "savings" in subsecs. (a) and (b).
1989—Subsec. (b). Pub. L. 101–73 struck out "and shall require the submission of periodic reports with respect to the installation, maintenance, and operation of security devices and procedures" before period at end.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 Amendment
Amendment by Pub. L. 111–203 effective on the transfer date, see section 351 of Pub. L. 111–203, set out as a note under section 906 of Title 2, The Congress.

Effective Date of 1989 Amendment
Amendment by Pub. L. 101–73 applicable with respect to reports filed or required to be filed after Aug. 9, 1989, see section 911(i) of Pub. L. 101–73, set out as a note under section 161 of this title.

Cite This Page — Counsel Stack

Bluebook (online)
12 U.S.C. § 1882, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/1882.