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Title 12 — Banks and BankingRelease 119-73

§5561 Definitions

Title 12 › Chapter CHAPTER 53— - WALL STREET REFORM AND CONSUMER PROTECTION › Subchapter SUBCHAPTER V— - BUREAU OF CONSUMER FINANCIAL PROTECTION › Part Part E— - Enforcement Powers › § 5561

Last updated Apr 6, 2026|Official source

Summary

Provides simple meanings for key words used in this part. A "Bureau investigation" is a probe the Bureau does to see if someone may have broken Federal consumer financial law. A "Bureau investigator" is an attorney or investigator the Bureau hires to enforce those laws. A "custodian" is the person the Bureau names to hold records. "Documentary material" means books, records, electronic files, and other stored data. A "violation" is any act or omission that would break a Federal consumer financial law if proven.

Full Legal Text

Title 12, §5561

Banks and Banking — Source: USLM XML via OLRC

For purposes of this part, the following definitions shall apply:
(1)The term “Bureau investigation” means any inquiry conducted by a Bureau investigator for the purpose of ascertaining whether any person is or has been engaged in any conduct that is a violation, as defined in this section.
(2)The term “Bureau investigator” means any attorney or investigator employed by the Bureau who is charged with the duty of enforcing or carrying into effect any Federal consumer financial law.
(3)The term “custodian” means the custodian or any deputy custodian designated by the Bureau.
(4)The term “documentary material” includes the original or any copy of any book, document, record, report, memorandum, paper, communication, tabulation, chart, logs, electronic files, or other data or data compilations stored in any medium.
(5)The term “violation” means any act or omission that, if proved, would constitute a violation of any provision of Federal consumer financial law.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 111–203, title X, § 1058, July 21, 2010, 124 Stat. 2035, provided that: “This subtitle [subtitle E (§§ 1051–1058), enacting this part] shall become effective on the designated transfer date.” [The term “designated transfer date” is defined in section 5481(9) of this title as the date established under section 5582 of this title.]

Reference

Citations & Metadata

Citation

12 U.S.C. § 5561

Title 12 — Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73