United States Code (Last Updated: May 24, 2014) |
Title 12. BANKS AND BANKING |
Chapter 53. WALL STREET REFORM AND CONSUMER PROTECTION |
SubChapter VII. IMPROVING ACCESS TO MAINSTREAM FINANCIAL INSTITUTIONS |
§ 5627. Regulations
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(a) In general The Secretary is authorized to promulgate regulations to implement and administer the grant programs and undertakings authorized by this subchapter.
(b) Regulatory authority Regulations prescribed under this section may contain such classifications, differentiations, or other provisions, and may provide for such adjustments and exceptions for any class of grant programs, undertakings, or eligible entities, as, in the judgment of the Secretary, are necessary or proper to effectuate the purposes of this subchapter, to prevent circumvention or evasion of this subchapter, or to facilitate compliance with this subchapter.
References In Text
This subchapter, referred to in text, was in the original “this title”, meaning title XII of Pub. L. 111–203,