12 USC § 4304 - Disclosure requirements for certain accounts

---
identifier: "/us/usc/t12/s4304"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 4304 - Disclosure requirements for certain accounts"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "4304"
section_name: "Disclosure requirements for certain accounts"
chapter_number: 44
chapter_name: "TRUTH IN SAVINGS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 102–242, title II, § 265, Dec. 19, 1991, 105 Stat. 2336; Pub. L. 102–550, title XVI, § 1604(e)(2)(A), Oct. 28, 1992, 106 Stat. 4084; Pub. L. 111–203, title X, § 1100B(1), July 21, 2010, 124 Stat. 2109.)"
---


# § 4304. Disclosure requirements for certain accounts

The Bureau shall require, in regulations which the Bureau shall prescribe, such modification in the disclosure requirements under this chapter relating to annual percentage yield as may be necessary to carry out the purposes of this chapter in the case of—

**(1)** accounts with respect to which determination of annual percentage yield is based on an annual rate of interest that is guaranteed for a period of less than 1 year;

**(2)** variable rate accounts;

**(3)** accounts which, pursuant to law, do not guarantee payment of a stated rate;

**(4)** multiple rate accounts; and

**(5)** accounts with respect to which determination of annual percentage yield is based on an annual rate of interest that is guaranteed for a stated term.

---

**Source Credit**: (Pub. L. 102–242, title II, § 265, Dec. 19, 1991, 105 Stat. 2336; Pub. L. 102–550, title XVI, § 1604(e)(2)(A), Oct. 28, 1992, 106 Stat. 4084; Pub. L. 111–203, title X, § 1100B(1), July 21, 2010, 124 Stat. 2109.)

## Editorial Notes

### Amendments

2010— substituted “Bureau” for “Board” in two places in introductory provisions.

1992— made technical amendment to references to “this chapter” wherever appearing to reflect correction of corresponding provision of original act.

## Statutory Notes and Related Subsidiaries

### Effective Date of 2010 Amendment

Amendment by  effective on the designated transfer date, see , set out as a note under , Government Organization and Employees.

### Effective Date of 1992 Amendment

Amendment by  effective as if included in the Federal Deposit Insurance Corporation Improvement Act of 1991, , as of , see , set out as a note under .