
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC1882]

 
                       TITLE 12--BANKS AND BANKING
 
    CHAPTER 19--SECURITY MEASURES FOR BANKS AND SAVINGS ASSOCIATIONS
 
Sec. 1882. Security measures


(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 and loan 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 and loan associations shall comply with the standards.

(Pub. L. 90-389, Sec. 3, July 7, 1968, 82 Stat. 295; Pub. L. 101-73, 
title IX, Sec. 911(a), Aug. 9, 1989, 103 Stat. 478.)


                               Amendments

    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.


                    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.
