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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. § 5627 Regulations us united_states_code code_section 12 BANKS AND BANKING 53 WALL STREET REFORM AND CONSUMER PROTECTION 5627 12 U.S.C. § 5627 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/s5627 data/legal/raw/us/code/title-12/usc12.xml 7a892e797358946b21595d6e52ca09dfe80ea46dbd461b353f88154ce0db8538 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 7dc47361633456ace621ab325fd517ee7f46f8f6a4bdf70e5cc7ba5254620fee 2026-07-04 official
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12 U.S.C. § 5627 - Regulations

Text

(a) In general The Secretary is authorized to promulgate regulations to implement and administer the grant programs and undertakings authorized by this subchapter.

(b) Regulatory authority Regulations prescribed under this section may contain such classifications, differentiations, or other provisions, and may provide for such adjustments and exceptions for any class of grant programs, undertakings, or eligible entities, as, in the judgment of the Secretary, are necessary or proper to effectuate the purposes of this subchapter, to prevent circumvention or evasion of this subchapter, or to facilitate compliance with this subchapter.

(Pub. L. 111203, title XII, § 1209, July 21, 2010, 124 Stat. 2132.)

Notes

Editorial Notes

References in TextThis subchapter, referred to in text, was in the original “this title”, meaning title XII of Pub. L. 111203, July 21, 2010, 124 Stat. 2129, known as the Improving Access to Mainstream Financial Institutions Act of 2010, which is classified principally to this subchapter. For complete classification of title XII to the Code, see Short Title note set out under section 5301 of this title and Tables.