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12 U.S.C. § 3415

Cost reimbursement

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

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12 U.S.C. § 3415, Cost reimbursement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438549
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Full text

Except for records obtained pursuant to section 3403(d) or 3413(a) through (h) of this title, or as otherwise provided by law, a Government authority shall pay to the financial institution assembling or providing financial records pertaining to a customer and in accordance with procedures established by this chapter a fee for reimbursement for such costs as are reasonably necessary and which have been directly incurred in searching for, reproducing, or transporting books, papers, records, or other data required or requested to be produced. The Board of Governors of the Federal Reserve System shall, by regulation, establish the rates and conditions under which such payment may be made.

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