12-U.S.C.-4637

§4637 – Notice After Separation From Service

Pathway

Title 12 > Chapter 46 > Subchapter III > Section 4637

Details

• Reference: Section 4637
• Legend: §4637 – Notice After Separation From Service
• USCode Year: 2013

Provision Content

The resignation, termination of employment or participation, or separation of an entity-affiliated party shall not affect the jurisdiction and authority of the Director to issue any notice and proceed under this subchapter against any such entity-affiliated party, if such notice is served before the end of the 6-year period beginning on the date such entity-affiliated party ceases to be associated with the regulated entity.

(Pub. L. 102–550, title XIII, §1379, formerly §1377, Oct. 28, 1992, 106 Stat. 3992; renumbered §1379 and amended Pub. L. 110–289, div. A, title I, §§1153(a)(1), 1156(b)(1), 1157, July 30, 2008, 122 Stat. 2770, 2777.)

Prior Provisions

A prior section 1379 of Pub. L. 102–550 was renumbered section 1379B and is classified to section 4639 of this title.

Amendments

2008—Pub. L. 110–289, §1157(4), which directed the substitution of regulated entity. for enterprise. could not be executed because of the prior amendment by Pub. L. 110–289, §1156(b)(1). See below.

Pub. L. 110–289, §1157(3), which directed the substitution of entity-affiliated party for director or officer wherever appearing, was executed by making the substitution for director or executive officer in two places, to reflect the probable intent of Congress.

Pub. L. 110–289, §1157(2), which directed the substitution of an entity-affiliated party for a director or executive officer of an enterprise, was executed by making the substitution for a director or executive officer of a regulated entity, to reflect the probable intent of Congress and the prior amendment by Pub. L. 110–289, §1156(b)(1). See below.

Pub. L. 110–289, §1157(1), substituted 6-year for 2-year.

Pub. L. 110–289, §1156(b)(1), substituted a regulated entity for an enterprise and the regulated entity for the enterprise.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-4602 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-4602, 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.

12-U.S.C.-4624 in the Legal Encyclopedia: Government Sponsored Enterprises

In this entry about 12-U.S.C.-4624, find legal reference material, bibliographies and premiere content related to government sponsored enterprises in the American Encyclopedia of Law, presenting a comprehensive view of the United States government sponsored enterprises-specific issues, written by authorities in the field.

Topic Map

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