12 CFR 1080.3

§ 1080.3 Policy as to private controversies.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 1080.3, § 1080.3 Policy as to private controversies, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49905
Permanent ID: ys:prov:49905@1
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Full text

The Bureau shall act only in the public interest and will not initiate an investigation or take other enforcement action when the alleged violation is merely a matter of private controversy and does not tend to affect adversely the public interest.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.