§ 3306.
State liaison
To encourage the application of uniform examination principles and standards by State and Federal supervisory agencies, the Council shall establish a liaison committee composed of five representatives of State agencies which supervise financial institutions which shall meet at least twice a year with the Council. Members of the liaison committee shall receive a reasonable allowance for necessary expenses incurred in attending meetings. Members of the Liaison Committee shall elect a chairperson from among the members serving on the committee.
Source
(Pub. L. 95–630, title X, § 1007,Nov. 10, 1978
, 92 Stat. 3696; Pub. L. 109–351, title VII, § 714(b), Oct. 13, 2006
, 120 Stat. 1995.)Notes
Amendments
2006—Pub. L. 109–351 inserted at end “Members of the Liaison Committee shall elect a chairperson from among the members serving on the committee.”
Effective Date
Section effective upon the expiration of 120 days after
Nov. 10, 1978
, see section 2101 of Pub. L. 95–630, set out as a note under section 375b of this title.