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• United States Code
• TITLE 12 - BANKS AND BANKING
• CHAPTER 41 - EXPEDITED FUNDS AVAILABILITY

    Sec.                                                     
    4001.       Definitions.                                          
    4002.       Expedited funds availability schedules.               
                  (a)  Next business day availability for certain
                        deposits.                                     
                  (b)  Permanent schedule.                            
                  (c)  Temporary schedule.                            
                  (d)  Time period adjustments.                       
                  (e)  Deposits at ATM.                               
                  (f)  Check return; notice of nonpayment.            
    4003.       Safeguard exceptions.                                 
                  (a)  New accounts.                                  
                  (b)  Large or redeposited checks; repeated
                        overdrafts.                                   
                  (c)  Reasonable cause exception.                    
                  (d)  Emergency conditions.                          
                  (e)  Prevention of fraud losses.                    
                  (f)  Notice of exception; availability within
                        reasonable time.                              
    4004.       Disclosure of funds availability policies.            
                  (a)  Notice for new accounts.                       
                  (b)  Preprinted deposit slips.                      
                  (c)  Mailing of notice.                             
                  (d)  Posting of notice.                             
                  (e)  Notice of interest payment policy.             
                  (f)  Model disclosure forms.                        
    4005.       Payment of interest.                                  
                  (a)  In general.                                    
                  (b)  Special rule for credit unions.                
                  (c)  Exception for checks returned unpaid.          
    4006.       Miscellaneous provisions.                             
                  (a)  After-hours deposits.                          
                  (b)  Availability at start of business day.         
                  (c)  Effect on policies of depository institutions. 
                  (d)  Prohibition on freezing certain funds in an
                        account.                                      
                  (e)  Employee training on and compliance with
                        requirements of this chapter.                 
    4007.       Effect on State law.                                  
                  (a)  In general.                                    
                  (b)  Override on certain State laws.                
    4008.       Regulations and reports by Board.                     
                  (a)  In general.                                    
                  (b)  Regulations relating to improvement of check
                        processing system.                            
                  (c)  Regulatory responsibility of Board for payment
                        system.                                       
                  (d)  Reports.                                       
                  (e)  Consultation.                                  
                  (f)  Electronic clearinghouse study.                
    4009.       Administrative enforcement.                           
                  (a)  Administrative enforcement.                    
                  (b)  Additional powers.                             
                  (c)  Enforcement by Board.                          
                  (d)  Procedural rules.                              
    4010.       Civil liability.                                      
                  (a)  Civil liability.                               
                  (b)  Class action awards.                           
                  (c)  Bona fide errors.                              
                  (d)  Jurisdiction.                                  
                  (e)  Reliance on Board rulings.                     
                  (f)  Authority to establish rules regarding losses
                        and liability among depository institutions.  
-SECREF-
                   CHAPTER REFERRED TO IN OTHER SECTIONS               
      This chapter is referred to in section 5001 of this title.