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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. § 3306 State liaison us united_states_code code_section 12 BANKS AND BANKING 34 FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL 3306 12 U.S.C. § 3306 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/s3306 data/legal/raw/us/code/title-12/usc12.xml 514d0861b7fcf810252c9b54d549bca6317bb1d6d1905d90e08f7077e3659653 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 281ba391bbcb504ef447213235190a1053ab5ac8d4962aea730a6c77d4783597 2026-07-04 official
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12 U.S.C. § 3306 - State liaison

Text

To encourage the application of uniform examination principles and standards by State and Federal supervisory agencies, the Council shall establish a liaison committee composed of five representatives of State agencies which supervise financial institutions which shall meet at least twice a year with the Council. Members of the liaison committee shall receive a reasonable allowance for necessary expenses incurred in attending meetings. Members of the Liaison Committee shall elect a chairperson from among the members serving on the committee.

(Pub. L. 95630, title X, § 1007, Nov. 10, 1978, 92 Stat. 3696; Pub. L. 109351, title VII, § 714(b), Oct. 13, 2006, 120 Stat. 1995.)

Notes

Editorial Notes

Amendments2006—Pub. L. 109351 inserted at end “Members of the Liaison Committee shall elect a chairperson from among the members serving on the committee.”

Statutory Notes and Related Subsidiaries

Effective DateSection effective upon the expiration of 120 days after Nov. 10, 1978, see section 2101 of Pub. L. 95630, set out as a note under section 375b of this title.