---
kind: "section"
citation: "12 U.S.C. § 3206"
title: "12"
title_heading: "Banks and Banking"
number: "3206"
heading: "Administration and enforcement"
release: "119-102"
url: "https://uscodex.org/usc/12/3206"
units:
  - "Chapter 33 — Depository Institution Management Interlocks"
---

# §3206. Administration and enforcement


This chapter shall be administered and enforced by—

- (1) the Comptroller of the Currency with respect to [national banks](/usc/12/221a.md?p=a) and [Federal savings associations](/usc/12/1462.md?p=3) (the [deposits](/usc/12/5301.md?p=18-A) of which are insured by the Federal [Deposit](/usc/12/5301.md?p=18-A) Insurance [Corporation](/usc/12/2277a.md?p=2)),
- (2) the [Board](/usc/12/221a.md?p=a) of Governors of the Federal Reserve System with respect to [State banks](/usc/12/1835a.md?p=e-1) which are [members](/usc/12/1426a.md?p=g-1) of the Federal Reserve System, [bank holding companies](/usc/12/1813.md?p=w-2), and [savings and loan holding companies](/usc/12/1813.md?p=w-3),
- (3) the [Board](/usc/12/221a.md?p=a) of [Directors](/usc/12/2279bb.md?p=3) of the Federal [Deposit](/usc/12/5301.md?p=18-A) Insurance [Corporation](/usc/12/2277a.md?p=2) with respect to [State banks](/usc/12/1835a.md?p=e-1) which are not [members](/usc/12/1426a.md?p=g-1) of the Federal Reserve System but the [deposits](/usc/12/5301.md?p=18-A) of which are insured by the Federal [Deposit](/usc/12/5301.md?p=18-A) Insurance [Corporation](/usc/12/2277a.md?p=2) and [State savings associations](/usc/12/1861.md?p=b-9) (the [deposits](/usc/12/5301.md?p=18-A) of which are insured by the Federal [Deposit](/usc/12/5301.md?p=18-A) Insurance [Corporation](/usc/12/2277a.md?p=2)),
- (4) the National [Credit Union](/usc/12/3423.md?p=a-1-E) Administration with respect to [credit unions](/usc/12/3423.md?p=a-1-E) the accounts of which are insured by the National [Credit Union](/usc/12/3423.md?p=a-1-E) Administration, and
- (5) upon referral by the [agencies](/usc/12/1422.md?p=12) named in the foregoing [paragraphs (1) through (4)](#1..4), the Attorney General shall have the authority to enforce compliance by [any person](/usc/12/1715z–4a.md?p=a-2) with this chapter.

## Source credit

(Pub. L. 95–630, title II, § 207, Nov. 10, 1978, 92 Stat. 3674; Pub. L. 101–73, title VII, § 744(r), Aug. 9, 1989, 103 Stat. 440; Pub. L. 108–386, § 8(e)(1), Oct. 30, 2004, 118 Stat. 2232; Pub. L. 111–203, title III, § 360(1), July 21, 2010, 124 Stat. 1548.)

## Notes

### Editorial Notes

### Amendments

2010—Par. (1). Pub. L. 111–203, § 360(1)(A), inserted “and Federal savings associations (the deposits of which are insured by the Federal Deposit Insurance Corporation)” before the comma.

Par. (2). Pub. L. 111–203, § 360(1)(B), substituted “, bank holding companies, and savings and loan holding companies” for “, and bank holding companies”.

Par. (3). Pub. L. 111–203, § 360(1)(C), substituted “Corporation and State savings associations (the deposits of which are insured by the Federal Deposit Insurance Corporation),” for “Corporation,”.

Par. (4). Pub. L. 111–203, § 360(1)(D), (E), redesignated par. (5) as (4) and struck out former par. (4) which read as follows: “the Director of the Office of Thrift Supervision with respect to a savings association (the deposits of which are insured by the Federal Deposit Insurance Corporation) and savings and loan holding companies,”.

Par. (5). Pub. L. 111–203, § 360(1)(E), (F), redesignated par. (6) as (5) and substituted “through (4)” for “through (5)”. Former par. (5) redesignated (4).

Par. (6). Pub. L. 111–203, § 360(1)(E), redesignated par. (6) as (5). Former par. (5) redesignated (4).

2004—Par. (1). Pub. L. 108–386 struck out “and banks located in the District of Columbia” after “national banks”.

1989—Par. (4). Pub. L. 101–73 amended par. (4) generally. Prior to amendment, par. (4) read as follows: “the Federal Home Loan Bank Board with respect to institutions the accounts of which are insured by the Federal Savings and Loan Insurance Corporation, and savings and loan holding companies,”.

### Statutory Notes and Related Subsidiaries

### Effective Date of 2010 Amendment

Amendment by Pub. L. 111–203 effective on the transfer date, see section 351 of Pub. L. 111–203, set out as a note under section 906 of Title 2, The Congress.

### Effective Date of 2004 Amendment

Amendment by Pub. L. 108–386 effective Oct. 30, 2004, and, except as otherwise provided, applicable with respect to fiscal year 2005 and each succeeding fiscal year, see sections 8(i) and 9 of Pub. L. 108–386, set out as notes under section 321 of this title.

### Effective Date

Section effective upon the expiration of 120 days after Nov. 10, 1978, see section 2101 of Pub. L. 95–630, set out as a note under section 375b of this title.