§ 93a. — Authority to prescribe rules and regulations.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC93a]
TITLE 12--BANKS AND BANKING
CHAPTER 2--NATIONAL BANKS
SUBCHAPTER IV--REGULATION OF THE BANKING BUSINESS; POWERS AND DUTIES OF
NATIONAL BANKS
Sec. 93a. Authority to prescribe rules and regulations
Except to the extent that authority to issue such rules and
regulations has been expressly and exclusively granted to another
regulatory agency, the Comptroller of the Currency is authorized to
prescribe rules and regulations to carry out the responsibilities of the
office, except that the authority conferred by this section does not
apply to section 36 of this title or to securities activities of
National Banks under the Act commonly known as the ``Glass-Steagall
Act''.
(R.S. Sec. 5239A, as added Pub. L. 96-221, title VII, Sec. 708, Mar. 31,
1980, 94 Stat. 188.)
References in Text
The Glass-Steagall Act, referred to in text, probably refers to act
June 16, 1933, ch. 89, 48 Stat. 162, as amended, also known as the
Banking Act of 1933 or the Glass-Steagall Act, 1933, rather than to act
Feb. 27, 1932, ch. 58, 47 Stat. 56, known as the Glass-Steagall Act,
1932. Section 16 of the 1933 act, which amended section 24 (Seventh) of
this title, related in part to securities activities of national banks.
For complete classification of these Acts to the Code, see Tables.
