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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1772e Data standards us united_states_code code_section 12 BANKS AND BANKING 14 FEDERAL CREDIT UNIONS 1772e 12 U.S.C. § 1772e current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s1772e data/legal/raw/us/code/title-12/usc12.xml 3499c638eaa01a317eb07ac0cf12870f7f851d65178b1081fcfd023de0e3c3ab e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 5f790f44203e82d867e5c1c7e7b1ab7586f155efdf9cd75f1f1b57f10fdfed9f 2026-07-04 official
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12 U.S.C. § 1772e - Data standards

Text

(a) Requirement The Board shall, by rule, adopt data standards for all collections of information and reports regularly filed with or submitted to the Administration under this chapter.

(b) Consistency The data standards required under subsection (a) shall incorporate, and ensure compatibility with (to the extent feasible), all applicable data standards established in the rules promulgated under section 5334 of this title, including, to the extent practicable, by having the characteristics described in clauses (i) through (vi) of subsection (c)(1)(B) of such section 5334.

(June 26, 1934, ch. 750, title I, § 132, as added Pub. L. 117263, div. E, title LVIII, § 5871, Dec. 23, 2022, 136 Stat. 3436.)

Notes

Statutory Notes and Related Subsidiaries

RulemakingPub. L. 117263, div. E, title LVIII, § 5873, Dec. 23, 2022, 136 Stat. 3436, provided that: “(a) In General.—The National Credit Union Administration Board shall issue rules to carry out the amendments made by this subtitle [subtitle G (§§ 58715874) of title LVIII of div. E of Pub. L. 117263, enacting this section and section 1772f of this title], which shall take effect not later than 2 years after the date on which final rules are promulgated under section 124(b)(2) of the Financial Stability Act of 2010 [12 U.S.C. 5334(b)(2)], as added by section 5811(a) of this title. “(b) Scaling of Regulatory Requirements; Minimizing Disruption.—In issuing the rules required under subsection (a), the National Credit Union Administration Board—“(1) may scale data reporting requirements in order to reduce any unjustified burden on smaller regulated entities; and “(2) shall seek to minimize disruptive changes to the persons affected by those regulations.”

Rule of Construction Regarding No New Disclosure RequirementsPub. L. 117263, div. E, title LVIII, § 5874, Dec. 23, 2022, 136 Stat. 3437, provided that: “Nothing in this subtitle [subtitle G (§§ 58715874) of title LVIII of div. E of Pub. L. 117263, enacting this section, section 1772f of this title, and provisions set out as a note under this section], or the amendments made by this subtitle, shall be construed to require the National Credit Union Administration Board to collect or make publicly available additional information under the Federal Credit Union Act (12 U.S.C. 1751 et seq.), beyond information that was collected or made publicly available under that Act, as of the day before the date of enactment of this Act [Dec. 23, 2022].”