12-U.S.C.-3911

§3911 – Equal Representation For Federal Deposit Insurance Corporation and The office of Thrift Supervision

Pathway

Title 12 > Chapter 40 > Section 3911

Details

• Reference: Section 3911
• Legend: §3911 – Equal Representation For Federal Deposit Insurance Corporation and The office of Thrift Supervision
• USCode Year: 2013

Provision Content

(a) In general

As one of the 4 Federal bank regulatory and supervisory agencies, and as the insurer of the United States banks involved in international lending, the Federal Deposit Insurance Corporation shall be given equal representation with the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency on the Committee on Banking Regulations and Supervisory Practices of the Group of Ten Countries and Switzerland.

(b) Office of Thrift Supervision

As one of the 4 Federal bank regulatory and supervisory agencies, the Office of Thrift Supervision shall be given equal representation with the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation on the Committee on Banking Regulations and Supervisory Practices of the Group of Ten Countries and Switzerland.

(Pub. L. 98–181, title I [title IX, §912], Nov. 30, 1983, 97 Stat. 1284; Pub. L. 109–351, title VII, §713(a), Oct. 13, 2006, 120 Stat. 1995.)

Amendments

2006—Pub. L. 109–351 inserted and the Office of Thrift Supervision after Federal Deposit Insurance Corporation in section catchline, designated existing provisions as subsec. (a), inserted heading, substituted As one of the 4 for As one of the three, and added subsec. (b).

U.S. Encyclopedia of Law Coverage

12-U.S.C.-3903 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-3903, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

Topic Map

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