Legal Foundations in Banking

The newly-created Legal Foundations in Banking illustrates the basic principles of laws that affect the business of banking. It covers the fundamentals of banking law, from check negotiation to lending to bank safety and soundness. The content in the book is based on a previous ABA textbook, Law and Banking.

This book supports the Legal Foundations in Banking course.

Chapters cover the following topics:

Legal sources for U.S. banking law
Uniform Commercial Code Articles that are pertinent to banking functions
Responsibilities placed on banks in the Community Reinvestment Act and fair lending law
Elements of contracts
Legal requirements for check collection and payment
FDIC insurance on deposit accounts
Disclosure requirements for electronic fund transfers (Regulation E)
Funds availability rules (Regulation CC)
Customer identification program (CIP) requirements
Protections offered consumers in loan servicing and debt collection
The commercial lending function, commercial loans, requirements, and the foundation for legal analysis
USA PATRIOT Act recordkeeping provisions for customer identification programs
Requirements for bank advertisements, including references to deposit insurance
Legal and other issues impacting bank practices today

Legal Foundations in Banking

Available Course Formats

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Legal Foundations in Banking

Available Course Formats

Purchase

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