Title 12, Banks and BankingRelease 119-102
§3308 Access to Books, Accounts, Records, Etc., by Council
Title 12 › CHAPTER 34 — FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL › § 3308
Summary
To do its job under this chapter, the Council must be allowed to see and get any documents or property that federal agencies overseeing banks and similar institutions own or use. This covers bank examination reports, related work papers and letters from any source, and nothing can be removed or deleted.
Full Legal Text
Title 12, §3308
Banks and Banking, Source: USLM XML via OLRC
For the purpose of carrying out this chapter, the Council shall have access to all books, accounts, records, reports, files, memorandums, papers, things, and property belonging to or in use by Federal financial institutions regulatory agencies, including reports of examination of financial institutions or their holding companies from whatever source, together with workpapers and correspondence files related to such reports, whether or not a part of the report, and all without any deletions.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
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.
Reference
Citations & Metadata
Citation
12 U.S.C. § 3308
Title 12, Banks and Banking
Last Updated
Aug 21, 2026
Release point: 119-102