Federal Deposit Insurance Corporation Improvement Act of 1991


Pub. L. No. 102-242, 105 Stat. 2236, codified in relevant part at 12 U.S.C. § 1831t

Section 151 of this Act (adding Section 43 of the Federal Deposit Insurance Act), as amended by the Financial Services Regulatory Relief Act of 2006, Pub. L. No. 109-351, 120 Stat. 2011, and the Dodd-Frank Act requires that non-federally insured depository institutions disclose in certain locations, documents, and advertising that the institution is not federally insured (along with other requirements). It requires the Commission to issue a rule prescribing the manner and content of those disclosures. Appropriations acts prohibited Commission implementation of all or some of the Section's provisions since enactment. Under the Dodd-Frank Act, the Commission continues to have authority to enforce certain provisions of the rule, but the Commission's rulemaking and other responsibilities under the Section transferred to the Consumer Financial Protection Bureau.