12 USC 4004 - Disclosure of funds availability policies

U.S Code last checked for updates: May 01, 2024

§ 4004.

Disclosure of funds availability policies

(a)

Notice for new accounts

(b)

Preprinted deposit slips

(c)

Mailing of notice

(1)

First mailing after enactment

(2)

Subsequent changes

(3)

Upon request

(d)

Posting of notice

(1)

Specific notice at manned teller stations

(2)

General notice at automated teller machines

(e)

Notice of interest payment policy

(f)

Model disclosure forms

(1)

Prepared by Board and Bureau

(2)

Use of forms to achieve compliance

A depository institution shall be deemed to be in compliance with the requirements of this section if such institution—

(A)

uses any appropriate model form or clause as published by the Board, jointly with the Director of the Bureau of Consumer Financial Protection,,1

 So in original.

(B)

uses any such model form or clause and changes such form or clause by—

(i)

deleting any information which is not required by this chapter; or

(ii)

rearranging the format.

(3)

Voluntary use

(4)

Notice and comment

(Pub. L. 100–86, title VI, § 605, Aug. 10, 1987, 101 Stat. 644; Pub. L. 111–203, title X, § 1086(c), July 21, 2010, 124 Stat. 2086.)

cite as: 12 USC 4004