Title 12 — Banks and BankingRelease 119-73not60
§1830 Nondiscrimination
Title 12 › Chapter 16— FEDERAL DEPOSIT INSURANCE CORPORATION › § 1830
Summary
Banks and savings associations must not be favored or disadvantaged because of their type; all get equal chance to receive the chapter’s benefits.
Full Legal Text
Title 12, §1830
Banks and Banking — Source: USLM XML via OLRC
It is not the purpose of this chapter to discriminate in any manner against State nonmember banks or State savings associations and in favor of national or member banks or Federal savings associations, respectively. It is the purpose of this chapter to provide all banks and savings associations with the same opportunity to obtain and enjoy the benefits of this chapter.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
Section is derived from subsec. (y) of former section 264 of this title. See Codification note set out under section 1811 of this title.
Amendments
1989—Pub. L. 101–73 amended section generally. Prior to amendment, section read as follows: “It is not the purpose of this chapter to discriminate in any manner against State nonmember banks and in favor of national or member banks; but the purpose is to provide all banks with the same opportunity to obtain and enjoy the benefits of this chapter. No bank shall be discriminated against because its capital stock is less than the amount required for eligibility for admission into the Federal Reserve System.”
Reference
Citations & Metadata
Citation
12 U.S.C. § 1830
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60