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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
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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. § 1883 Insurance rates; report to Congress us united_states_code code_section 12 BANKS AND BANKING 19 SECURITY MEASURES FOR BANKS AND SAVINGS ASSOCIATIONS 1883 12 U.S.C. § 1883 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/s1883 data/legal/raw/us/code/title-12/usc12.xml 4a9eccfd755e625eb66d1571fcdcce1d6e1f2f78b6e0cacd48be79a060f992a5 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 67f6a3723fa38be28b49490f356f6bcfc00dbcf51e8076ab70b62564c19b1a15 2026-07-04 official
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12 U.S.C. § 1883 - Insurance rates; report to Congress

Text

The Federal supervisory agencies shall consult with

(1) insurers furnishing insurance protection against losses resulting from robberies, burglaries, and larcenies committed against financial institutions referred to in section 1881 of this title, and

(2) State agencies having supervisory or regulatory responsibilities with respect to such insurers

to determine the feasibility and desirability of premium rate differentials based on the installation, maintenance, and operation of security devices and procedures. The Federal supervisory agencies shall report to the Congress the results of their consultations pursuant to this section not later than two years after July 7, 1968.

(Pub. L. 90389, § 4, July 7, 1968, 82 Stat. 295.)