<section xmlns="http://xml.house.gov/schemas/uslm/1.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dcterms="http://purl.org/dc/terms/" style="-uslm-lc:I80" id="id5c932ca4-2e14-11e4-9682-a95ffcefc34c" identifier="/us/usc/t12/s1958"><num value="1958">§ 1958.</num><heading> Compliance</heading><content>
<p style="-uslm-lc:I11" class="indent0">The Secretary shall have the responsibility to assure compliance with the requirements of this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref> and may delegate such responsibility to the appropriate bank supervisory agency, or other supervisory agency. The Secretary may rely on examinations conducted by a State supervisory agency of a category of financial institution, if the Secretary determines that the category of financial institution is required to comply with this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref> (and regulations prescribed under this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref>), or the State supervisory agency examines the category of financial institution for compliance with this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref> (and regulations prescribed under this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref>).</p>
</content><sourceCredit id="id5c932ca5-2e14-11e4-9682-a95ffcefc34c">(<ref href="/us/pl/91/508/s128">Pub. L. 91–508, title I, § 128</ref>, <date date="1970-10-26">Oct. 26, 1970</date>, <ref href="/us/stat/84/1118">84 Stat. 1118</ref>; <ref href="/us/pl/113/156/s2/b">Pub. L. 113–156, § 2(b)</ref>, <date date="2014-08-08">Aug. 8, 2014</date>, <ref href="/us/stat/128/1829">128 Stat. 1829</ref>.)</sourceCredit>
<notes type="uscNote" id="id5c932ca6-2e14-11e4-9682-a95ffcefc34c">
<note style="-uslm-lc:I74" topic="amendments" id="id5c932ca7-2e14-11e4-9682-a95ffcefc34c"><heading class="centered smallCaps">Amendments</heading><p style="-uslm-lc:I21" class="indent0">2014—<ref href="/us/pl/113/156">Pub. L. 113–156</ref> substituted “requirements of this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref>” for “requirements of this chapter and sections 1730d and 1829b of this title” and inserted at end “The Secretary may rely on examinations conducted by a State supervisory agency of a category of financial institution, if the Secretary determines that the category of financial institution is required to comply with this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref> (and regulations prescribed under this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref>), or the State supervisory agency examines the category of financial institution for compliance with this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref> (and regulations prescribed under this chapter and <ref href="/us/usc/t12/s1829b">section 1829b of this title</ref>).”</p>
</note>
<note style="-uslm-lc:I74" topic="miscellaneous" id="id5c932ca8-2e14-11e4-9682-a95ffcefc34c"><heading class="centered smallCaps">Consultation with State Agencies</heading><p><ref href="/us/pl/113/156/s2/c">Pub. L. 113–156, § 2(c)</ref>, <date date="2014-08-08">Aug. 8, 2014</date>, <ref href="/us/stat/128/1830">128 Stat. 1830</ref>, provided that: <quotedContent origin="/us/pl/113/156/s2/c">“In issuing rules to carry out <ref href="/us/usc/t31/s5318/a/6">section 5318(a)(6) of title 31</ref>, United States Code, and <ref href="/us/pl/91/508/s128">section 128 of Public Law 91–508</ref> (<ref href="/us/usc/t12/s1958">12 U.S.C. 1958</ref>), the Secretary of the Treasury shall consult with State supervisory agencies.”</quotedContent>
</p>
</note>
</notes>
</section>