§4809. “Plain language” requirement for Federal banking agency rules
As of today
View this section as of a date
Notable points in this section's history
Latest NOW As originally enacted Nov 12, 199912 U.S.C. § 4809
In general— Each Federal banking agency shall use plain language in all proposed and final rulemakings published by the agency in the Federal Register after January 1, 2000.
Report— Not later than March 1, 2001, each Federal banking agency shall submit to the Congress a report that describes how the agency has complied with subsection (a).
Definition— For purposes of this section, the term “Federal banking agency” has the meaning given that term in section 1813 of this title.
Notes, amendments, and revision history
(Pub. L. 106–102, title VII, § 722, Nov. 12, 1999, 113 Stat. 1471.)
Editorial Notes
Codification
Section was enacted as part of the Gramm-Leach-Bliley Act, and not as part of title III of Pub. L. 103–322 which comprises this chapter.