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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. § 1830 Nondiscrimination us united_states_code code_section 12 BANKS AND BANKING 16 FEDERAL DEPOSIT INSURANCE CORPORATION 1830 12 U.S.C. § 1830 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/s1830 data/legal/raw/us/code/title-12/usc12.xml da5ea718c9f8102de4a661dce58f3c27225873bc6e75143f8970cc08167399b0 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa bb3f4e38cb9ccecb680bd15675e47e9d0371ff4ad56401a0295d0eade897b74d 2026-07-04 official
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12 U.S.C. § 1830 - Nondiscrimination

Text

It is not the purpose of this chapter to discriminate in any manner against State nonmember banks or State savings associations and in favor of national or member banks or Federal savings associations, respectively. It is the purpose of this chapter to provide all banks and savings associations with the same opportunity to obtain and enjoy the benefits of this chapter.

(Sept. 21, 1950, ch. 967, § 2[22], formerly § 2[20], 64 Stat. 893; renumbered § 2[21], Pub. L. 90203, § 3, Dec. 15, 1967, 81 Stat. 610; renumbered § 2[22], Pub. L. 91508, title I, § 101, Oct. 26, 1970, 84 Stat. 1114; amended Pub. L. 10173, title II, § 223, Aug. 9, 1989, 103 Stat. 273.)

Notes

Editorial Notes

Prior ProvisionsSection is derived from subsec. (y) of former section 264 of this title. See Codification note set out under section 1811 of this title.

Amendments1989—Pub. L. 10173 amended section generally. Prior to amendment, section read as follows: “It is not the purpose of this chapter to discriminate in any manner against State nonmember banks and in favor of national or member banks; but the purpose is to provide all banks with the same opportunity to obtain and enjoy the benefits of this chapter. No bank shall be discriminated against because its capital stock is less than the amount required for eligibility for admission into the Federal Reserve System.”