Amendment requires financial institutions to provide notice to customers if their account is ordered terminated by a Federal banking regulator.

1. Rewrites page 3, lines 4–9

   ReplacesPrinted page

   Removes page 3, lines 4–9 of the printed bill. See that page

   Inserted: (1) Notice required.--Except as provided under paragraph (2), if an appropriate Federal banking agency orders a depository institution to terminate a specific customer account or a group of customer accounts, the depository institution shall inform the customer or customers of the justification for the customer's account termination described under subsection (b).

   Original wording

   Page 3, strike lines 4 through 9 and insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed