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12 U.S.C. § 3202

Dual service of management official as management official of unaffiliated institution or holding company in same area, town, or village prohibited

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 3202, Dual service of management official as management official of unaffiliated institution or holding company in same area, town, or village prohibited, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438488
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Full text

A management official of a depository institution or a depository holding company may not serve as a management official of any other depository institution or depository holding company not affiliated therewith if an office of one of the institutions or any depository institution that is an affiliate of such institutions is located within either—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 95-630(H.R. 14279)1978-11-10
    Financial Institutions Regulatory and Interest Rate Control Act of 1978
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 98-181(H.R. 3959)1983-11-30
    Supplemental Appropriations Act, 1984
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 109-351(S. 2856)2006-10-13
    Financial Services Regulatory Relief Act of 2006
    House: 417–0Senate: no recorded tally