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United States · Bill · HR

H.R. 752 (93rd)

A bill to prohibit federally insured financial institutions from engaging in certain promotional practices.

referredUnited States· United States Congress· EN

Introduced

3 January 1973

Last action

Status

Referred to House Committee on Banking and Currency.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Provides that, except in the case of interest or dividends, no federally insured financial institution may offer or deliver any merchandise or any certificate, stamp, ticket, or other obligation or memorandum which is or may be redeemable in merchandise, money, or credit as an inducement to any person to make, open, or add to any deposit or account. (Amends 12 U.S.C. 371b, 1828(g), 1425b)

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Versions

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Documents

1 official file

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Sources

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